NetClass Technology (NASDAQ:NTCL) Cut to Strong Sell at Wall Street Zen

NetClass Technology (NASDAQ:NTCL) was downgraded by investment analysts at Wall Street Zen to a “strong sell” rating in a note issued to investors on Sunday.

Separately, Weiss Ratings upgraded shares of NetClass Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

NetClass Technology Stock Performance

NetClass Technology stock traded up $0.27 during trading hours on Friday, reaching $4.59. 123,941 shares of the company’s stock traded hands, compared to its average volume of 100,465. NetClass Technology has a fifty-two week low of $3.46 and a fifty-two week high of $155.00. The firm’s 50 day moving average is $28.54 and its 200-day moving average is $23.01.

Institutional Trading of NetClass Technology

An institutional investor recently bought a new position in NetClass Technology stock. Engineers Gate Manager LP purchased a new position in NetClass Technology Inc (NASDAQ:NTCL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,966 shares of the company’s stock, valued at approximately $48,000. Engineers Gate Manager LP owned approximately 0.19% of NetClass Technology at the end of the most recent reporting period.

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.