Golden Sun Health Technology Group (NASDAQ:GSUN) Trading 2.2% Higher – Time to Buy?

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was up 2.2% during mid-day trading on Friday . The company traded as high as $1.56 and last traded at $1.40. Approximately 306,864 shares changed hands during trading, a decline of 2% from the average daily volume of 312,588 shares. The stock had previously closed at $1.37.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GSUN. Weiss Ratings reissued a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a report on Wednesday, October 8th. Wall Street Zen lowered Golden Sun Health Technology Group to a “strong sell” rating in a research report on Saturday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Golden Sun Health Technology Group Stock Performance

The firm’s 50-day moving average price is $2.36 and its 200 day moving average price is $2.70.

About Golden Sun Health Technology Group

Golden Sun Health Technology Group Limited, through its subsidiaries, provides education and management services in the People's Republic of China. The company offers foreign language tutorial services; and TOEFL, IELTS, and school and college entrance examination training, as well as other education training management services.