Cogna Educação (OTCMKTS:COGNY) Shares Up 1.8% – Here’s What Happened

Cogna Educação S.A. (OTCMKTS:COGNY)’s share price traded up 1.8% during trading on Tuesday . The stock traded as high as $0.6324 and last traded at $0.6008. 5,813 shares were traded during trading, a decline of 74% from the average session volume of 22,213 shares. The stock had previously closed at $0.59.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised shares of Cogna Educação to a “strong-buy” rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Cogna Educação Stock Up 1.8%

The business has a 50 day moving average price of $0.67 and a 200 day moving average price of $0.63.

About Cogna Educação

Cogna Educação SA (OTCMKTS:COGNY) is one of Brazil’s leading private education companies, offering a broad spectrum of academic services across K-12, higher education and vocational training. Through a network of brick-and-mortar campuses and an extensive distance-learning platform, Cogna delivers undergraduate and postgraduate degree programs, technical certificates and preparatory courses to students nationwide.

Founded in 1966 with its first campus in Belo Horizonte, the group expanded rapidly by combining organic growth with strategic acquisitions.