TCTM Kids IT Education (NASDAQ:VSA) Shares Down 0.8% – Here’s Why

TCTM Kids IT Education Inc. (NASDAQ:VSA) dropped 0.8% during trading on Wednesday . The stock traded as low as $1.25 and last traded at $1.25. Approximately 14,858 shares changed hands during trading, a decline of 58% from the average daily volume of 35,505 shares. The stock had previously closed at $1.26.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised TCTM Kids IT Education to a “hold” rating in a research note on Saturday, December 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, TCTM Kids IT Education presently has an average rating of “Sell”.

TCTM Kids IT Education Stock Performance

The company has a market capitalization of $1.39 million, a price-to-earnings ratio of -0.03 and a beta of 0.18. The company has a 50 day moving average price of $2.10 and a 200 day moving average price of $58.34.

About TCTM Kids IT Education

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. The company offers education courses in 7 information technology (IT) subjects, such as Java, software testing, Linux and network engineering, Big Data, Web front-end development, Python, and network engineer courses; and 3 non-IT subjects, including digital art, online sales and marketing, and visual effects-VFX, as well as live distance instruction, classroom-based tutoring, and online learning modules.