Elite Education Group International Limited (NASDAQ:EEIQ) shares traded up 5.1% during trading on Friday . The stock traded as high as $2.71 and last traded at $2.70. 27,703 shares were traded during trading, a decline of 33% from the average session volume of 41,360 shares. The stock had previously closed at $2.57.
The company’s fifty day moving average price is $3.45 and its 200 day moving average price is $4.16.
Several institutional investors and hedge funds have recently made changes to their positions in EEIQ. Jane Street Group LLC bought a new position in shares of Elite Education Group International during the third quarter worth approximately $230,000. Ground Swell Capital LLC acquired a new stake in shares of Elite Education Group International during the 3rd quarter worth approximately $222,000. Jump Financial LLC acquired a new stake in shares of Elite Education Group International during the 3rd quarter worth approximately $73,000. BlackRock Inc. acquired a new stake in shares of Elite Education Group International during the 3rd quarter worth approximately $71,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Elite Education Group International during the 2nd quarter worth approximately $81,000. 2.22% of the stock is currently owned by institutional investors.
Elite Education Group International Limited, through its subsidiaries, provides study abroad and post-study services to Chinese students in the United States. It offers international English proficiency test counseling, registration, and test placement services for students with no or poor language skills; admission application services; visa counseling and guidance services; logistical and organizational support for the student applicants prior their departure to the educational institutions; pick-up and welcome services; and dormitory services, as well as catering, academic guidance, internship, and shuttle bus services.
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