Skillful Craftsman Education Technology Limited (EDTK) Stock: Should Investors Follow These Insider Trades?

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) saw an upside of 4.76% to $1.32 after adding $0.06 on Tuesday. The 5-day average trading volume is 438,621 shares of the company’s common stock. It has gained $1.5400 in the past week. An average of 274,670 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 276,720.

EDTK’s 1-month performance is -20.25% or -$0.2100 on its low of $1.1200 reached on 10/05/21. The company’s shares have touched a 52-week low of $1.12 and high of $5.19, with the stock’s rally to the 52-week high happening on 02/18/21. YTD, EDTK has lost -58.96% or -$1.7000. However, the current price is down -74.57%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 11.06 and a low of 3.330. EDTK stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.49 while the price-to-book (PB) in the most recent quarter is 0.33, with the price to cash flow ratio at 2.50.

Skillful Craftsman Education Technology Limited’s quick ratio for the recent quarter was 1.90, with the current ratio over the same period at 1.90 meaning that EDTK stock is able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 49.60%. The trailing 12-month EBITDA margin is 66.29% while Skillful Craftsman Education Technology Limited’s operating margin was 22.60%. The firm’s gross profit as reported stood at $14.46 million against revenue of $29.17 million.

Earnings Surprise

Net income grew 1.95% to $29.17 million, while revenue of $0.0 was 100.0% off the previous quarter. EDTK stock balance sheet for the recent quarter shows that total liabilities totaled 13.64 million, with total debt at $58330.0

Technical Picture

Let’s look briefly at Skillful Craftsman Education Technology Limited (EDTK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 61.91% to suggest the stock is trending Neutral, with historical volatility in this time period at 59.91%.

The stock’s 5-day moving average is $1.2660, reflecting a +17.09% or $0.2000 change from its current price. EDTK is currently trading -6.16% above its 20-day SMA, -39.91% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -16.46% and -54.93% respectively.

Stochastic %K and %D was 70.13% and 60.64% and the average true range (ATR) pointed at 0.1139. The RSI (14) points at 53.04%, while the 14-day stochastic is at 59.52% with the period’s ATR at 0.1129. The stock’s 9-day MACD Oscillator is pointing at 0.0589 and 0.0619 on the 14-day charts.

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