Classover Stock Scheduled to Reverse Split on Monday, June 8th (NASDAQ:KIDZ)

Classover Holdings, Inc. (NASDAQ:KIDZFree Report)’s stock is scheduled to reverse split on Monday, June 8th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 7th.

Classover Price Performance

NASDAQ KIDZ traded down $0.08 during trading hours on Thursday, hitting $0.27. The company had a trading volume of 3,804,783 shares, compared to its average volume of 13,254,017. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.94 and a current ratio of 0.94. Classover has a 1-year low of $0.24 and a 1-year high of $232.78. The business has a 50 day moving average of $1.36 and a 200-day moving average of $6.92.

Classover (NASDAQ:KIDZGet Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported ($365,637.00) earnings per share (EPS) for the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%. The company had revenue of $0.52 million during the quarter.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KIDZ. Weiss Ratings downgraded shares of Classover from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Wall Street Zen downgraded shares of Classover from a “hold” rating to a “strong sell” rating in a research note on Saturday, April 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

View Our Latest Stock Analysis on KIDZ

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Classover stock. Harraden Circle Investments LLC purchased a new position in shares of Classover Holdings, Inc. (NASDAQ:KIDZFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned approximately 1.02% of Classover as of its most recent SEC filing. Institutional investors and hedge funds own 74.70% of the company’s stock.

Classover Company Profile

(Get Free Report)

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.

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