Classover (NASDAQ:KIDZ) Shares to Reverse Split on Monday, June 8th

Classover Holdings, Inc. (NASDAQ:KIDZ)’s stock is scheduled to reverse split before the market opens on Monday, June 8th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 7th.

Classover Stock Performance

Shares of KIDZ traded down $0.08 during mid-day trading on Thursday, reaching $0.27. 3,804,783 shares of the stock traded hands, compared to its average volume of 13,254,017. The stock has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $6.92. Classover has a 12-month low of $0.24 and a 12-month high of $232.78. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.40.

Classover (NASDAQ:KIDZ) last posted its quarterly earnings data on Friday, May 15th. The company reported ($365,637.00) earnings per share (EPS) for the quarter. The firm had revenue of $0.52 million for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings downgraded shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Classover has an average rating of “Sell”.

Institutional Trading of Classover

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new position in Classover Holdings, Inc. (NASDAQ:KIDZ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned 0.38% of Classover at the end of the most recent reporting period. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.