Classover Holdings Inc’s (NASDAQ: KIDZ) Stock Price Continues To Fall

The trading price of Classover Holdings Inc (NASDAQ:KIDZ) closed higher on Tuesday, May 06, and closing at $6.50, 3.01% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 48.51. In examining the 52-week price action we see that the stock hit a 52-week high of $12.00 and a 52-week low of $1.03. Over the past month, the stock has lost -36.89% in value.

Classover Holdings Inc, whose market valuation is $108.83 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

A quick review shows that KIDZ’s price is currently 170.90% off the SMA20 and -10.83% off the SMA50. The RSI metric on the 14-day chart is currently showing 60.31, and weekly volatility stands at 60.81%. When measured over the past 30 days, the indicator reaches 45.96%. Classover Holdings Inc (NASDAQ:KIDZ)’s beta value is currently sitting at -0.80, while the Average True Range indicator is currently displaying 1.27.

To see how Classover Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: KIDZ stock’s performance was 3.01% in the latest trading, and -39.98% in the past year. Classover Holdings Inc has a P/E ratio of 48.51.

An evaluation of the daily trading volume of Classover Holdings Inc (NASDAQ:KIDZ) indicates that the 3-month average is 10.37 million.

Currently, records show that 1.58 million of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereasinstitutions hold 30.40%. However, since the stock’s price has seen -43.13% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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