QuantaSing Group Limited (NASDAQ:QSG - Get Free Report)'s stock price rose 4.3% during mid-day trading on Monday . The stock traded as high as $5.10 and last traded at $4.35. Approximately 1,418,614 shares traded hands during trading, an increase of 304% from the average daily volume of 350,733 shares. The stock had previously closed at $4.17.
QuantaSing Group Trading Up 8.3 %
The firm has a market cap of $226.87 million, a PE ratio of 4.47 and a beta of -1.20. The business has a fifty day moving average price of $3.08 and a 200 day moving average price of $2.84.
QuantaSing Group (NASDAQ:QSG - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.13. QuantaSing Group had a net margin of 10.67% and a return on equity of 88.29%. The company had revenue of $99.55 million for the quarter, compared to analysts' expectations of $97.90 million. On average, research analysts expect that QuantaSing Group Limited will post 0.71 earnings per share for the current fiscal year.
Hedge Funds Weigh In On QuantaSing Group
Several large investors have recently bought and sold shares of QSG. Millennium Management LLC lifted its holdings in shares of QuantaSing Group by 173.5% in the 4th quarter. Millennium Management LLC now owns 36,685 shares of the company's stock valued at $79,000 after purchasing an additional 23,272 shares during the last quarter. Virtu Financial LLC acquired a new position in QuantaSing Group during the third quarter worth approximately $31,000. Finally, Geode Capital Management LLC purchased a new stake in QuantaSing Group in the fourth quarter valued at approximately $27,000.
About QuantaSing Group
(
Get Free Report)
QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers.
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