China Education Resources (CVE:CHN) Share Price Passes Above 50 Day Moving Average – Time to Sell?

China Education Resources Inc. (CVE:CHN) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.02 and traded as high as C$0.02. China Education Resources shares last traded at C$0.02, with a volume of 209,201 shares changing hands.

China Education Resources Stock Performance

The stock has a market capitalization of C$666,217.14, a price-to-earnings ratio of 1.85 and a beta of 0.33. The company has a debt-to-equity ratio of -169.30, a current ratio of 1.08 and a quick ratio of 0.86. The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02.

China Education Resources Company Profile

China Education Resources Inc, an ed-tech company, provides education resources and services for teachers, students, parents, education professionals, and school administrators in the People's Republic of China and China. The company provides systems and contents for online/offline learning, training courses, and social media. It operates an education services portal, cersp.com that provides education resources and services to China's kindergarten to grade 12 education market. The company's portal offers school platform that provides a link between a school with its teachers, students, and parents; online tutoring program, a platform developed for a teacher to provide online tutoring services through the internet to students; and digital education products containing digital textbook tutorial materials and digital supplementary materials, such as lesson plans, course modules, and tests.