EDTK Stock Drops Amidst Broader Education Sector Decline

Author's Avatar
Dec 30, 2024

Wah Fu Education Group Limited (EDTK, Financial) experienced a significant stock price drop of 6.73%. The stock is currently trading at $0.970 per share with a trading volume of 2,561 shares and a turnover rate of 0.02%. The stock's recent financial report shows revenue of $2.00 million and a net loss of $4.72 million, resulting in an earnings per share (EPS) of -$0.31 and a gross profit of $116,445. The price-to-earnings (P/E) ratio stands at -3.26.

No institutional ratings have been issued for EDTK regarding buy, hold, or sell recommendations. Within the education services sector, the overall decline was 0.39%. Notably, Genius Group Limited, Visionary Holdings Inc., and Skillsoft Corp. saw significant gains. Genius Group Limited, Ambow Education, and Visionary Holdings Inc. were particularly active, with high turnover rates.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.