How have the shares performed?
Skillful Craftsman Education Technology Limited (EDTK) saw downtrend of -7.23% in the recent trading with $2.18 being its most recent. The current price level -67.70% lower than the highest price of $6.75 marked by the stock while trading over the past 52-weeks, whereas it is 19.13% higher than the lowest price of $1.83 the company dropped to over past 52-weeks. The latest news story on EDTK appeared in GlobeNewswire under the title “Skillful Craftsman Reports Fiscal Year 2021 Unaudited Financial Results” on Jun-09-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -15.50% below one month high and is +13.54% above of the lowest during that time. Looking into the simple moving average, Skillful Craftsman Education Technology Limited (EDTK)’s stock stands at a SMA-50 of $2.44 while that of 5-day is reading $2.35.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and EDTK’s SMA-200 as of now is $3.08.
Skillful Craftsman Education Technology Limited Earnings – What Happened With EDTK
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $13.85 billion.
EDTK – Skillful Craftsman Education Technology Limited Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.00 million. EDTK does have institutional investors; and they hold 0.40% of the stock.
Skillful Craftsman Education Technology Limited – Insider Activity and Holdings
As on Dec 30, 2020, Susquehanna International Group, LLP was the top most holder in Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) with an ownership of 14234.0 shares of the company or 0.12% of the stake worth $43698.0. The filing also reveals Citadel Advisors LLC as the second largest holder in the company with a control over 0.09% of the outstanding shares. Its stake is worth $34727.0 for having 11312.0 shares in hand.
Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 0.03% of the outstanding shares. With this there are now 4 institutions which have possession in EDTK’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Skillful Craftsman Education Technology Limited was 1.88 while posting a debt to equity ratio of 0.01.
Technical Analysis of Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Skillful Craftsman Education Technology Limited (EDTK), we notice that the stock’s 20-day average volume is at 365,365 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 466,746 shares. And to end, EDTK’s 100-day average volume is 510,134 shares with 100% of the long-term indicators pointing towards Sell for the stock.