EpicQuest Education Group International (NASDAQ:EEIQ) Shares Down 2.8% – Here’s What Happened

EpicQuest Education Group International Limited (NASDAQ:EEIQ) shares fell 2.8% during mid-day trading on Friday . The stock traded as low as $2.79 and last traded at $2.82. 9,520 shares were traded during trading, a decline of 93% from the average session volume of 134,441 shares. The stock had previously closed at $2.90.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of EpicQuest Education Group International from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, EpicQuest Education Group International presently has a consensus rating of “Sell”.

EpicQuest Education Group International Stock Down 2.8%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.83 and a current ratio of 1.83. The company’s 50-day moving average price is $4.17 and its 200 day moving average price is $4.37.

EpicQuest Education Group International (NASDAQ:EEIQ) last released its quarterly earnings results on Thursday, January 29th. The company reported ($1.10) EPS for the quarter. The firm had revenue of $1.79 million for the quarter.

Institutional Investors Weigh In On EpicQuest Education Group International

A hedge fund recently bought a new stake in EpicQuest Education Group International stock. Sabby Management LLC purchased a new stake in shares of EpicQuest Education Group International Limited (NASDAQ:EEIQ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 900,765 shares of the company’s stock, valued at approximately $401,000. EpicQuest Education Group International comprises about 0.5% of Sabby Management LLC’s investment portfolio, making the stock its 13th biggest holding. Sabby Management LLC owned approximately 3.85% of EpicQuest Education Group International as of its most recent filing with the SEC.

About EpicQuest Education Group International

EpicQuest Education Group International, Inc (NASDAQ: EEIQ) is a U.S.-listed holding company whose primary operations are conducted through its China-based subsidiaries focused on after-school English language immersion programs for K-12 students. The company aims to bridge language gaps by delivering structured English curricula that blend core language skills with cultural enrichment activities. EpicQuest’s model combines in-person instruction at its network of local learning centers with supplemental online resources to reinforce student engagement and learning outcomes.

EpicQuest offers a diverse suite of educational services, including weekday after-school classes, weekend workshops, holiday and summer camps, and study abroad preparation modules.