TCTM Kids IT Education (NASDAQ:VSA) Shares Set to Reverse Split on Monday, December 22nd

TCTM Kids IT Education Inc. (NASDAQ:VSA) shares are scheduled to reverse split on the morning of Monday, December 22nd. The 1-50 reverse split was announced on Thursday, December 18th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, December 19th.

TCTM Kids IT Education Price Performance

Shares of TCTM Kids IT Education stock traded down $0.03 on Thursday, reaching $0.07. 22,594,483 shares of the stock were exchanged, compared to its average volume of 5,859,927. The firm has a market capitalization of $3.90 million, a price-to-earnings ratio of -0.14 and a beta of 0.04. TCTM Kids IT Education has a 1-year low of $0.05 and a 1-year high of $4.24. The stock’s fifty day simple moving average is $1.27.

TCTM Kids IT Education (NASDAQ:VSA) last announced its quarterly earnings data on Tuesday, September 30th. The company reported $0.26 EPS for the quarter. The firm had revenue of $6.53 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of TCTM Kids IT Education in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

TCTM Kids IT Education Company Profile

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People’s Republic of China. It operates through two segments, Adult Professional Education and Childhood & Adolescent Quality Education Services.