As of Wednesday close, Visionary Education Technology Holdings Group Inc.’s (NASDAQ:VEDU) stock was down -$0.01, moving down -5.47 percent to $0.25. The average number of shares traded per day over the past five days has been 1,186,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.0215 fall in that time frame. In the last twenty days, the average volume was 1,233,615, while in the previous 50 days, it was 880,530.
Since last month, VEDU stock retreated -37.45%. Shares of the company fell to $0.1589 on 08/16/23, the lowest level in the past month. A 52-week high of $1.32 was reached on 04/28/23 after having rallying from a 52-week low of $0.16. Since the beginning of this year, VEDU’s stock price has dropped by -37.25% or -$0.1466, and marked a new high 18 times. However, the stock has declined by -81.29% since its 52-week high.
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Valuation Metrics
The stock’s beta is 2.29. Besides these, the trailing price-to-sales (P/S) ratio of 1.24, the price-to-book (PB) ratio of 0.77.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.06, and the total debt-to-equity ratio was 3.94. On the profitability front, the trailing twelve-month gross margin is 44.60% percent. In the recent year, operating margins totaled 5.30%. Based on annual data, VEDU earned $3.76 million in gross profit and brought in $8.43 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.00%. Return on equity (ROE) for the past 12 months was -41.60%.
VEDU’s revenue rose 37.72% during the quarter, while net income inched up to $8.43 million. The liabilities of Visionary Education Technology Holdings Group Inc. were 80.51 million at the end of its most recent quarter, and its total debt was $54.98 million.
Technical Picture
This quick technical analysis looks at Visionary Education Technology Holdings Group Inc.’s (VEDU) price momentum. With a historical volatility rate of 123.34%, the RSI 9-day stood at 44.70% on 30 August.
With respect to its five-day moving average, the current Visionary Education Technology Holdings Group Inc. price is down by -8.01% percent or -$0.0215. At present, VEDU shares trade -33.39% below its 20-day simple moving average and -75.54% percent below its 100-day simple moving average. However, the stock is currently trading approximately -54.00% below its SMA50 and -67.07% below its SMA200.
Stochastic coefficient K was 51.12% and Stochastic coefficient D was 45.44%, while ATR was 0.0402. Given the Stochastic reading of 49.75% for the 14-day period, the RSI (14) reading has been calculated as 41.75%.
Analyst Ratings
Visionary Education Technology Holdings Group Inc. (VEDU) has been rated – by analysts. According to 0 brokerage firms, VEDU is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Visionary Education Technology Holdings Group Inc. stock as buy, with 0 recommending it as overweight.
