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Navitas Limited (ASX:NVT) was downgraded by investment analysts at Deutsche Bank to a “hold” rating in a note issued to investors on Sunday. They currently have a $5.10 price target on the stock.

Navitas Limited (ASX:NVT) traded up 1.94% on Friday, hitting A$5.250. The stock had a trading volume of 2,696,889 shares. Navitas Limited has a 1-year low of A$4.430 and a 1-year high of A$7.880. The stock’s 50-day moving average is A$7.15 and its 200-day moving average is A$7.04. The company has a market cap of A$1.973 billion and a P/E ratio of 25.50.

Navitas Limited is engaged in the provision of educational services to domestic and overseas students.

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