Cogna Educação (OTCMKTS:COGNY) Trading Down 3.9% – Here’s Why

Cogna Educação S.A. (OTCMKTS:COGNYGet Free Report)’s share price dropped 3.9% during trading on Wednesday . The company traded as low as $0.4021 and last traded at $0.4021. Approximately 359 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 13,793 shares. The stock had previously closed at $0.4186.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Cogna Educação to a “hold” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Get Our Latest Analysis on COGNY

Cogna Educação Stock Up 2.8%

The stock has a fifty day moving average price of $0.56 and a two-hundred day moving average price of $0.62.

Cogna Educação Company Profile

(Get Free Report)

Cogna Educação SA (OTCMKTS:COGNY) is one of Brazil’s leading private education companies, offering a broad spectrum of academic services across K-12, higher education and vocational training. Through a network of brick-and-mortar campuses and an extensive distance-learning platform, Cogna delivers undergraduate and postgraduate degree programs, technical certificates and preparatory courses to students nationwide.

Founded in 1966 with its first campus in Belo Horizonte, the group expanded rapidly by combining organic growth with strategic acquisitions.

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