Golden Sun Health Technology Group (NASDAQ:GSUN) Shares Down 1.2% – Time to Sell?

Golden Sun Health Technology Group Limited (NASDAQ:GSUN)’s stock price dropped 1.2% during mid-day trading on Monday . The stock traded as low as $0.2320 and last traded at $0.2372. 1,019,163 shares changed hands during trading, a decline of 90% from the average session volume of 10,238,611 shares. The stock had previously closed at $0.24.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Golden Sun Health Technology Group Stock Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.02 and a current ratio of 1.02. The stock’s 50 day simple moving average is $0.32 and its two-hundred day simple moving average is $0.42.

Golden Sun Health Technology Group (NASDAQ:GSUN) last announced its quarterly earnings data on Thursday, August 20th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $10.78 million for the quarter.

Golden Sun Health Technology Group Company Profile

Golden Sun Health Technology Group Limited is a Cayman Islands holding company formerly known as Golden Sun Education Group Limited. Through its operating subsidiaries, the company has historically provided private education and tutoring services in China, with a focus on students in primary and secondary schools.

Its education offerings have included academic tutoring in subjects such as mathematics, language and science, as well as test-preparation courses, extracurricular instruction and education-related consulting services.