Cogna Educação (OTCMKTS:COGNY) Trading Up 1.8% – Here’s What Happened

Cogna Educação S.A. (OTCMKTS:COGNY)’s share price shot up 1.8% on Tuesday . The company traded as high as $0.6324 and last traded at $0.6008. 5,813 shares changed hands during trading, a decline of 74% from the average session volume of 22,213 shares. The stock had previously closed at $0.59.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded Cogna Educação to a “strong-buy” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

Cogna Educação Price Performance

The firm has a 50-day moving average price of $0.67 and a 200-day moving average price of $0.63.

About Cogna Educação

Cogna Educação SA (OTCMKTS:COGNY) is one of Brazil’s leading private education companies, offering a broad spectrum of academic services across K-12, higher education and vocational training. Through a network of brick-and-mortar campuses and an extensive distance-learning platform, Cogna delivers undergraduate and postgraduate degree programs, technical certificates and preparatory courses to students nationwide.

Founded in 1966 with its first campus in Belo Horizonte, the group expanded rapidly by combining organic growth with strategic acquisitions.