Cogna Educação (OTCMKTS:COGNY) Shares Down 7.1% – Here’s Why

Cogna Educação S.A. (OTCMKTS:COGNYGet Free Report) shares traded down 7.1% on Friday . The company traded as low as $0.3488 and last traded at $0.39. Approximately 75,393 shares changed hands during mid-day trading, an increase of 492% from the average session volume of 12,725 shares. The stock had previously closed at $0.42.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Cogna Educação to a “hold” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

View Our Latest Research Report on COGNY

Cogna Educação Stock Down 7.1%

The business has a 50 day moving average price of $0.42 and a two-hundred day moving average price of $0.55.

About Cogna Educação

(Get Free Report)

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.

Further Reading

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