NetClass Technology (NASDAQ:NTCL) Upgraded at Wall Street Zen

NetClass Technology (NASDAQ:NTCL) was upgraded by analysts at Wall Street Zen from a “strong sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings lowered NetClass Technology from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

NetClass Technology Trading Down 5.4%

Shares of NASDAQ NTCL opened at $3.30 on Friday. The company has a 50-day moving average price of $25.33 and a 200-day moving average price of $21.51. NetClass Technology has a 1 year low of $3.10 and a 1 year high of $155.00.

NetClass Technology (NASDAQ:NTCL) last posted its earnings results on Wednesday, July 22nd. The company reported ($6.35) EPS for the quarter. The firm had revenue of $3.18 million for the quarter.

Institutional Trading of NetClass Technology

An institutional investor recently bought a new position in NetClass Technology stock. Engineers Gate Manager LP bought a new stake in NetClass Technology Inc (NASDAQ:NTCL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,966 shares of the company’s stock, valued at approximately $48,000. Engineers Gate Manager LP owned about 0.19% of NetClass Technology at the end of the most recent reporting period.

About NetClass Technology

Netclass Technology, Inc operates as a holding company, which provides IT solutions to schools, training institutions, corporations, public agencies and other institutions. Its solutions include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit block chain system, and lecturer evaluation services. The company was founded January 4, 2022 and is headquartered in Shanghai, China.