Fideuram Asset Management Ireland dac Buys Shares of 279,484 Quantasing Group Ltd $HERE

Fideuram Asset Management Ireland dac bought a new stake in Quantasing Group Ltd (NASDAQ:HERE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 279,484 shares of the company’s stock, valued at approximately $1,428,000. Fideuram Asset Management Ireland dac owned about 0.51% of Quantasing Group as of its most recent SEC filing.

Separately, Geode Capital Management LLC bought a new position in Quantasing Group in the fourth quarter valued at about $72,000.

Quantasing Group Stock Performance

NASDAQ:HERE opened at $2.11 on Friday. The company has a market capitalization of $115.33 million, a PE ratio of 2.03 and a beta of -0.29. The business’s 50-day moving average price is $3.15. Quantasing Group Ltd has a 1-year low of $2.03 and a 1-year high of $15.64.

Analysts Set New Price Targets

HERE has been the topic of a number of recent analyst reports. Citigroup reiterated a “neutral” rating and issued a $2.50 target price on shares of Quantasing Group in a research report on Wednesday. Wall Street Zen upgraded Quantasing Group from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Quantasing Group in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $2.50.

Quantasing Group Company Profile

We believe that personal learning and development is a lifelong journey. Everyone, regardless of background, should be given an equal opportunity to pursue their interests, passions, and goals. Our mission is to improve people’s quality of life and well-being by providing them lifelong personal learning and development opportunities. QuantaSing Group is the largest online learning service provider in China’s adult learning market for personal interest courses and among the top five service providers in China’s total adult learning market, in terms of revenue in 2021, according to the F&S report.