Cogna Educação (OTCMKTS:COGNY) Stock Price Up 11% – Should You Buy?

Cogna Educação S.A. (OTCMKTS:COGNYGet Free Report)’s stock price shot up 11% during mid-day trading on Wednesday . The company traded as high as $0.4556 and last traded at $0.4556. 9,950 shares were traded during mid-day trading, a decline of 20% from the average session volume of 12,511 shares. The stock had previously closed at $0.4105.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Cogna Educação to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Cogna Educação currently has a consensus rating of “Buy”.

Read Our Latest Report on COGNY

Cogna Educação Trading Up 11.0%

The company’s 50-day moving average price is $0.51 and its two-hundred day moving average price is $0.59.

Cogna Educação Company Profile

(Get Free Report)

Cogna Educação SA (OTCMKTS:COGNY) is one of Brazil’s leading private education companies, offering a broad spectrum of academic services across K-12, higher education and vocational training. Through a network of brick-and-mortar campuses and an extensive distance-learning platform, Cogna delivers undergraduate and postgraduate degree programs, technical certificates and preparatory courses to students nationwide.

Founded in 1966 with its first campus in Belo Horizonte, the group expanded rapidly by combining organic growth with strategic acquisitions.

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