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

Wall Street Zen lowered shares of Quantasing Group (NASDAQ:HERE) from a hold rating to a sell rating in a report issued on Saturday.

Separately, Weiss Ratings initiated coverage on Quantasing Group in a research note on Thursday, February 5th. They set a “hold (c)” rating on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat, Quantasing Group has a consensus rating of “Hold”.

Quantasing Group Price Performance

NASDAQ:HERE opened at $3.19 on Friday. The firm has a market cap of $174.37 million, a PE ratio of 3.07 and a beta of -0.79. Quantasing Group has a 12 month low of $2.50 and a 12 month high of $15.64.

Quantasing Group (NASDAQ:HERE) last released its earnings results on Thursday, March 12th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm 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%.

Institutional Trading of Quantasing Group

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC purchased a new position in shares of Quantasing Group during the fourth quarter worth $72,000. Squarepoint Ops LLC purchased a new stake in Quantasing Group in the fourth quarter valued at $77,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Quantasing Group in the fourth quarter valued at $88,000. Invesco Ltd. acquired a new stake in Quantasing Group during the 4th quarter worth about $98,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Quantasing Group during the 4th quarter valued at about $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.