Wah Fu Education Group (NASDAQ:WAFU) Stock Jumps 0.7% – Here’s What Happened

Shares of Wah Fu Education Group Limited (NASDAQ:WAFU) rose 0.7% during trading on Tuesday. The company traded as high as $1.45 and last traded at $1.44. 3,114 shares changed hands during trading, a decline of 90% from the average session volume of 31,098 shares. The stock had previously closed at $1.43.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Wah Fu Education Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Wah Fu Education Group Trading Down 2.1%

The stock’s fifty day moving average price is $1.44 and its 200-day moving average price is $1.57.

Wah Fu Education Group (NASDAQ:WAFU) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $1.65 million for the quarter.

About Wah Fu Education Group

Wah Fu Education Group Limited (NASDAQ: WAFU) is an education services company focused on providing online education and tutoring services in China. Through its education platforms and related offerings, the company serves students seeking academic instruction, supplemental learning support and preparation for examinations.

The company’s products and services primarily include digital learning content, online courses, tutoring programs and educational materials. Its technology-enabled model is designed to make instructional resources available to students through internet-based platforms, while supporting independent study and structured learning.

Wah Fu Education Group is headquartered in China and primarily serves the Chinese education market.