279,484 Shares in Quantasing Group Ltd $HERE Acquired by Fideuram Asset Management Ireland dac

Fideuram Asset Management Ireland dac acquired a new position in Quantasing Group Ltd (NASDAQ:HERE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 279,484 shares of the company’s stock, valued at approximately $1,428,000.

Separately, Geode Capital Management LLC acquired a new position in shares of Quantasing Group in the fourth quarter worth approximately $72,000.

Quantasing Group Stock Performance

Shares of HERE opened at $2.11 on Friday. Quantasing Group Ltd has a 52-week low of $2.03 and a 52-week high of $15.64. The firm has a 50 day simple moving average of $3.15. The firm has a market capitalization of $115.33 million, a price-to-earnings ratio of 2.03 and a beta of -0.29.

Wall Street Analyst Weigh In

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

Quantasing Group 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.