D2L (OTCMKTS:DTLIF) Stock Jumps 2.2% – Here’s What Happened

Shares of D2L Inc. (OTCMKTS:DTLIF – Get Free Report) rose 2.2% on Tuesday. The stock traded as high as C$7.95 and last traded at C$7.95. 1,049 shares changed hands during trading, a decline of 81% from the average session volume of 5,525 shares. The stock had previously closed at C$7.78.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce lowered D2L from an “outperform” rating to a “neutral” rating in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Read Our Latest Analysis on D2L

D2L Price Performance

The firm’s fifty day moving average is C$7.33 and its two-hundred day moving average is C$7.17.

About D2L

(Get Free Report)

D2L Inc, formerly known as Desire2Learn, is a Canadian education technology company that develops cloud-based learning software and related services. Its primary platform, Brightspace, is a learning management system designed to support online, blended and in-person instruction, course administration, assessment, reporting and learner engagement.

The company also offers tools and services for creating and delivering digital learning content, including analytics, accessibility features, artificial intelligence capabilities and professional services.

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