Coursera (NYSE: NYSE:COUR ) has found itself at a crossroads in the ever-evolving landscape of the education technology industry. A significant market decline ensued after Goldman Sachs analyst Eric Sheridan downgraded the company, expressing concerns about the potential impact of generative AI technologies on the education sector. This downgrade, coupled with...
Fundamentals
Coursera Inc (COUR, Financial), a leading player in the education industry, has seen a significant surge in its stock price over the past three months. With a current market cap of $2.8 billion and a stock price of $18.35, the company's stock price has seen a gain of 11.47% over the past three months as of November 7, 2023. However, over the past...
Price Momentum
COUR is trading near the top of its 52-week range and above its 200-day simple moving average.
Price change
The price of COUR shares has increased $0.74 since the market last closed. This is a 4.30% rise.
Opened at $17.47.
The stock opened $0.27 higher than its previous close.
Investors have been pushing the share price higher, and the stock still...
I took a decent profit form this trade
Now, this bearish divergence is signaling that it may need more time to form a new base to continue its uptrend
I will be watching this one as is still outperforming.
Fundamentals
I do not wish to dwell on fundamentals too much; I am more impressed by price performance and I am always guided by the price as I consider the collective wisdom of the market the best indicator
However, the growth of the company has still been strong, with sales consistently rising by 20% and above
Mainly though, Coursera has future -...
Personally I see A lot more upside from this stock, although there has been significant insider selling. The current valuation has stayed within the range of 17.75-18.75 during the recent bearish month of September. As we see a slight recovery in the markets today on friday sept 29 23 there is signs of volume entering and green within the equity market.
This...
Keep an eye on this one as it's showing a lot of Relative Strength and Accumulation.
It recently broke into its stage 2 up trend and it's resisting the general market moves and showing signs of institutional demand.
Given the current market conditions, this may continue to range between 17.5 to 18.5.
We might see a flush of late buyers and might see a dip to...
Coursera develops online education and learning platform designed to offer online courses, certifications and degrees.
It stands as 2nd in the IBD Industry Group Rank with a 93 relative strength rating, this means leadership.
Is also good to see that the ratio against NASDAQ:EDUT ; the industry bechmark, already broke out to new highs.
If it can breakout above...
Coursera, an online educational platform, was already down even on relatively good earnings
Now, on bad earnings, it can go down really low
Industry peers are not feeling good, TWOU just did almost 50% down
I'd expect much more downside here
