Classover (NASDAQ:KIDZ) Stock Price Up 3.1% – Here’s Why

Classover Holdings, Inc. (NASDAQ:KIDZ)’s share price shot up 3.1% on Friday . The stock traded as high as $0.28 and last traded at $0.2761. 477,920 shares were traded during mid-day trading, a decline of 2% from the average session volume of 488,639 shares. The stock had previously closed at $0.2679.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Classover in a research note on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Classover Stock Up 3.1%

The stock has a market capitalization of $7.74 million, a P/E ratio of -0.89 and a beta of -0.44. The stock’s fifty day simple moving average is $0.53 and its two-hundred day simple moving average is $1.56. The company has a debt-to-equity ratio of 2.13, a quick ratio of 1.37 and a current ratio of 1.37.

Classover (NASDAQ:KIDZ) last announced its earnings results on Thursday, November 13th. The company reported $0.39 earnings per share (EPS) for the quarter. The company had revenue of $4.89 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Classover stock. Harraden Circle Investments LLC bought a new stake in shares of Classover Holdings, Inc. (NASDAQ:KIDZ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned 1.02% of Classover as of its most recent SEC filing. 74.70% of the stock is currently owned by 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.