NetClass Technology (NASDAQ:NTCL) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of NetClass Technology (NASDAQ:NTCL) from a strong sell rating to a hold rating in a research report released on Saturday.

Separately, Weiss Ratings downgraded NetClass Technology from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

NetClass Technology Price Performance

NetClass Technology stock opened at $3.30 on Friday. The firm has a 50-day moving average price of $25.33 and a two-hundred day moving average price of $21.51. NetClass Technology has a 52-week low of $3.10 and a 52-week high of $155.00.

NetClass Technology (NASDAQ:NTCL) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported ($6.35) EPS for the quarter. The business had revenue of $3.18 million for the quarter.

Institutional Trading of NetClass Technology

An institutional investor recently bought a new position in NetClass Technology stock. Engineers Gate Manager LP bought a new position in shares of NetClass Technology Inc (NASDAQ:NTCL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,966 shares of the company’s stock, valued at approximately $48,000. Engineers Gate Manager LP owned 0.19% of NetClass Technology as of its most recent SEC filing.

NetClass Technology Company Profile

Netclass Technology, Inc operates as a holding company, which provides IT solutions to schools, training institutions, corporations, public agencies and other institutions. Its solutions include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit block chain system, and lecturer evaluation services. The company was founded January 4, 2022 and is headquartered in Shanghai, China.