Elite Education Group International Limited (NASDAQ:EEIQ) price closed lower on Monday, September 13, dropping -11.57% below its previous close.
A look at the daily price movement shows that the last close reads $6.31, with intraday deals fluctuated between $5.00 and $5.88. Taking into account the 52-week price action we note that the stock hit a 52-week high of $35.20 and 52-week low of $2.91. The stock added 64.12% on its value in the past month.
Elite Education Group International Limited, which has a market valuation of $40.79 million, is expected to release its quarterly earnings report Jul 13, 2021. Analysts tracking EEIQ have forecast the quarterly EPS to grow by 0.05 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0.06 for 2021.
On average, analysts have forecast the company’s revenue for the quarter will hit $2.51 million, with the likely lows of $2.51 million and highs of $2.51 million. Staying with the analyst view, there is a consensus estimate of $7.8 million for the company’s annual revenue in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews.
The overview shows that EEIQ’s price is at present 51.73% off the SMA20 and 41.57% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 70.04, with weekly volatility standing at 25.82%. The indicator jumps to 12.06% when calculated based on the past 30 days. Elite Education Group International Limited (NASDAQ:EEIQ)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.60.
An analysis of the Elite Education Group International Limited (NASDAQ:EEIQ) stock in terms of its daily trading volume indicates that the 3-month average is 889.71K.
Current records show that the company has 7.95M in outstanding shares. The insiders’ percentage holdings are 81.35% of outstanding shares while the percentage share held by institutions stands at 0.30%. But the 39.50% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.