Skillful Craftsman Education Technology (NASDAQ:EDTK) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Skillful Craftsman Education Technology Limited (NASDAQ:EDTK)’s share price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.97 and traded as low as $0.90. Skillful Craftsman Education Technology shares last traded at $0.92, with a volume of 327 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Skillful Craftsman Education Technology from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Skillful Craftsman Education Technology Trading Down 8.0%

The company’s 50 day moving average is $0.96 and its 200-day moving average is $0.97.

Skillful Craftsman Education Technology (NASDAQ:EDTK) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $0.01 million for the quarter.

About Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education technology company focused on providing online education services in China. Through its digital education platform, the company offers vocational education and skills-training content designed to support students and other learners pursuing professional development. The company works with educational institutions and provides online courses, learning resources and related technology services. Its platform is intended to complement traditional instruction by delivering educational content and training through digital channels.