Vasta Platform (NASDAQ:VSTA) Trading Up 0.8% – Here’s What Happened

Vasta Platform Limited (NASDAQ:VSTA)’s share price was up 0.8% during trading on Friday . The company traded as high as $2.55 and last traded at $2.53. Approximately 2,920 shares changed hands during trading, a decline of 95% from the average daily volume of 58,472 shares. The stock had previously closed at $2.51.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. downgraded Vasta Platform from an “overweight” rating to an “underweight” rating in a research note on Tuesday, August 27th.

Vasta Platform Stock Performance

The business’s fifty day moving average price is $2.59 and its two-hundred day moving average price is $2.88. The company has a quick ratio of 0.90, a current ratio of 1.21 and a debt-to-equity ratio of 0.11.

About Vasta Platform

Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.