Wah Fu Education Group (NASDAQ:WAFU) Trading Down 1.9% – Time to Sell?

Wah Fu Education Group Limited (NASDAQ:WAFU) shares dropped 1.9% on Tuesday . The company traded as low as $1.5223 and last traded at $1.54. Approximately 1,899 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 31,372 shares. The stock had previously closed at $1.57.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Wah Fu Education Group in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Wah Fu Education Group presently has an average rating of “Sell”.

Wah Fu Education Group Stock Performance

The stock’s 50 day moving average is $1.64 and its 200 day moving average is $1.65.

Hedge Funds Weigh In On Wah Fu Education Group

An institutional investor recently bought a new position in Wah Fu Education Group stock. Financial Plan Inc. purchased a new position in Wah Fu Education Group Limited (NASDAQ:WAFU) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned approximately 0.43% of Wah Fu Education Group at the end of the most recent reporting period.

Wah Fu Education Group Company Profile

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.