EpicQuest Education Group International (NASDAQ:EEIQ) Shares Down 0.4% – Here’s Why

EpicQuest Education Group International Limited (NASDAQ:EEIQ) shares traded down 0.4% on Wednesday. The stock traded as low as $4.45 and last traded at $4.69. 12,078 shares were traded during mid-day trading, a decline of 37% from the average session volume of 19,027 shares. The stock had previously closed at $4.71.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut EpicQuest Education Group International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

EpicQuest Education Group International Trading Down 0.4%

The business’s 50 day simple moving average is $3.78 and its 200-day simple moving average is $3.43. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.14.

About EpicQuest Education Group International

EpicQuest Education Group International Limited (NASDAQ: EEIQ) is an education company that operates post-secondary institutions and education-related businesses in the United States and Canada. Through its subsidiaries and partner institutions, the company provides academic and career-oriented programs to domestic and international students.

The company’s education offerings have included degree, diploma, certificate, and English-language programs in fields such as business, healthcare, technology, and other career-focused disciplines.