EpicQuest Education Group International (NASDAQ:EEIQ) Stock Price Down 7.6% – Time to Sell?

Shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) were down 7.6% during trading on Friday . The stock traded as low as $0.2296 and last traded at $0.2815. Approximately 253,412 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 323,870 shares. The stock had previously closed at $0.3045.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of EpicQuest Education Group International in a report on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, EpicQuest Education Group International currently has a consensus rating of “Sell”.

EpicQuest Education Group International Stock Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.38 and a current ratio of 0.38. The business has a 50-day moving average price of $0.42 and a 200-day moving average price of $0.53.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in EpicQuest Education Group International stock. Citadel Advisors LLC lifted its holdings in EpicQuest Education Group International Limited (NASDAQ:EEIQ) by 393.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 125,544 shares of the company’s stock after purchasing an additional 100,081 shares during the period. Citadel Advisors LLC owned about 0.54% of EpicQuest Education Group International worth $56,000 at the end of the most recent quarter.

EpicQuest Education Group International Company Profile

EpicQuest Education Group International Limited, through its subsidiaries, provides education solutions for students interested in college and university programs in the United States and internationally. The company offers English proficiency educational programming and transfer pathways for students pursuing academic degrees; and operates a career-training college.