Skillful Craftsman Education Technology (NASDAQ:EDTK) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK)’s stock price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.97 and traded as low as $0.90. Skillful Craftsman Education Technology shares last traded at $0.92, with a volume of 327 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Skillful Craftsman Education Technology from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Skillful Craftsman Education Technology Trading Down 8.0%

The business has a fifty day moving average price of $0.96 and a two-hundred day moving average price of $0.97.

Skillful Craftsman Education Technology (NASDAQ:EDTK) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.23) earnings per share for the quarter. The business had revenue of $0.01 million for the quarter.

About Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education technology company focused on providing online education services in China. Through its digital education platform, the company offers vocational education and skills-training content designed to support students and other learners pursuing professional development. The company works with educational institutions and provides online courses, learning resources and related technology services. Its platform is intended to complement traditional instruction by delivering educational content and training through digital channels.