Wah Fu Education Group (NASDAQ:WAFU) Stock Price Down 1.1% – Here’s What Happened

Shares of Wah Fu Education Group Limited (NASDAQ:WAFU) traded down 1.1% during trading on Monday . The stock traded as low as $1.62 and last traded at $1.69. 3,682 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 10,561 shares. The stock had previously closed at $1.7085.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wah Fu Education Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Wah Fu Education Group Stock Performance

The company has a fifty day moving average price of $1.65 and a two-hundred day moving average price of $1.67.

About Wah Fu Education Group

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.