NetClass Technology Stock Scheduled to Reverse Split on Friday, November 20th (NASDAQ:NTCL)

NetClass Technology Inc (NASDAQ:NTCL)’s stock is going to reverse split before the market opens on Friday, November 20th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, November 19th.

NetClass Technology Price Performance

Shares of NASDAQ NTCL opened at $0.23 on Thursday. NetClass Technology has a twelve month low of $0.18 and a twelve month high of $155.00. The company has a 50 day moving average of $1.33 and a 200 day moving average of $14.01. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92.

Wall Street Analysts Forecast Growth

Several analysts have commented on NTCL shares. Wall Street Zen upgraded NetClass Technology from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings reissued a “sell (e+)” rating on shares of NetClass Technology in a report on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

NetClass Technology Company Profile

NetClass Technology Inc. is an education technology company that provides digital solutions and services for educational institutions. Its offerings are designed to support the management, delivery and administration of education through technology-enabled platforms and related services. The company’s business includes education software, online learning and digital education resources, as well as technology services for schools and other education organizations. Its solutions may support areas such as campus administration, instructional delivery, educational content and the digitization of school operations.