NetClass Technology (NASDAQ:NTCL) Upgraded at Wall Street Zen

NetClass Technology (NASDAQ:NTCL) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings downgraded NetClass Technology from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat, NetClass Technology has an average rating of “Sell”.

NetClass Technology Stock Performance

Shares of NASDAQ NTCL opened at $3.30 on Friday. The stock’s 50 day moving average price is $25.33 and its 200-day moving average price is $21.51. NetClass Technology has a twelve month low of $3.10 and a twelve month high of $155.00.

NetClass Technology (NASDAQ:NTCL) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported ($6.35) EPS for the quarter. The company had revenue of $3.18 million during the quarter.

Institutional Investors Weigh In On NetClass Technology

A hedge fund recently bought a new position in NetClass Technology stock. Engineers Gate Manager LP purchased a new position in NetClass Technology Inc (NASDAQ:NTCL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 28,966 shares of the company’s stock, valued at approximately $48,000. Engineers Gate Manager LP owned 0.19% of NetClass Technology at the end of the most recent quarter.

About NetClass Technology

Netclass Technology, Inc operates as a holding company, which provides IT solutions to schools, training institutions, corporations, public agencies and other institutions. Its solutions include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit block chain system, and lecturer evaluation services. The company was founded January 4, 2022 and is headquartered in Shanghai, China.