Quantasing Group (NASDAQ:HERE) Lowered to “Sell” Rating by Wall Street Zen

Quantasing Group (NASDAQ:HERE) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings assumed coverage on Quantasing Group in a research note on Thursday, February 5th. They issued a “hold (c)” rating for the company. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Quantasing Group presently has an average rating of “Hold”.

Quantasing Group Price Performance

Shares of Quantasing Group stock opened at $3.19 on Friday. Quantasing Group has a twelve month low of $2.50 and a twelve month high of $15.64. The firm has a market cap of $174.37 million, a P/E ratio of 3.07 and a beta of -0.79.

Quantasing Group (NASDAQ:HERE) last released its quarterly earnings data on Thursday, March 12th. The company reported ($0.01) EPS for the quarter. The company had revenue of $25.34 million during the quarter. Quantasing Group had a net margin of 28.03% and a return on equity of 10.34%.

Hedge Funds Weigh In On Quantasing Group

A number of hedge funds have recently bought and sold shares of HERE. Fideuram Asset Management Ireland dac bought a new stake in Quantasing Group in the fourth quarter valued at about $1,428,000. Oasis Management Co Ltd. bought a new position in Quantasing Group during the 4th quarter worth approximately $479,000. Barclays PLC acquired a new position in shares of Quantasing Group in the 4th quarter worth approximately $329,000. XTX Topco Ltd acquired a new position in shares of Quantasing Group in the 4th quarter worth approximately $247,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Quantasing Group in the 4th quarter valued at approximately $117,000.

Quantasing Group Company Profile

We believe that personal learning and development is a lifelong journey. Everyone, regardless of background, should be given an equal opportunity to pursue their interests, passions, and goals. Our mission is to improve people’s quality of life and well-being by providing them lifelong personal learning and development opportunities. QuantaSing Group is the largest online learning service provider in China’s adult learning market for personal interest courses and among the top five service providers in China’s total adult learning market, in terms of revenue in 2021, according to the F&S report.