EpicQuest Education Group International (NASDAQ:EEIQ) Trading Down 2.8% – Should You Sell?

EpicQuest Education Group International Limited (NASDAQ:EEIQ) shares dropped 2.8% during mid-day trading on Thursday . The company traded as low as $0.4252 and last traded at $0.4521. Approximately 458,011 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 288,405 shares. The stock had previously closed at $0.4650.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of EpicQuest Education Group International in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

EpicQuest Education Group International Price Performance

The business’s fifty day moving average is $0.49 and its 200-day moving average is $0.56. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.17.

EpicQuest Education Group International Company Profile

EpicQuest Education Group International Limited, through its subsidiaries, provides education solutions for students interested in college and university programs in the United States and internationally. The company offers English proficiency educational programming and transfer pathways for students pursuing academic degrees; and operates a career-training college.