Classover (NASDAQ:KIDZ) Releases Quarterly Earnings Results

Classover (NASDAQ:KIDZ) released its quarterly earnings data on Friday. The company reported ($365,637.00) earnings per share (EPS) for the quarter, FiscalAI reports. Classover had a negative net margin of 209.30% and a negative return on equity of 398.82%. The company had revenue of $0.52 million for the quarter.

Classover Price Performance

KIDZ traded down $0.08 during trading hours on Friday, hitting $0.47. The company’s stock had a trading volume of 495,491 shares, compared to its average volume of 6,708,210. The business’s 50-day moving average price is $2.02 and its 200-day moving average price is $9.99. Classover has a 12 month low of $0.42 and a 12 month high of $309.00. The stock has a market cap of $615,700.00, a price-to-earnings ratio of -0.16 and a beta of -0.65. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.17.

Analysts Set New Price Targets

Several brokerages recently weighed in on KIDZ. Weiss Ratings upgraded shares of Classover from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday. Wall Street Zen cut shares of Classover from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Classover stock. Sandia Investment Management LP acquired a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 90,000 shares of the company’s stock, valued at approximately $265,000. Sandia Investment Management LP owned about 0.38% of Classover as of its most recent SEC filing. 74.70% of the stock is owned by hedge funds and other institutional investors.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.