China Education Resources (CVE:CHN) Stock Price Down 18.2%

China Education Resources Inc. (CVE:CHN)’s share price was down 18.2% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, approximately 18,000 shares changed hands during mid-day trading. A decline of 75% from the average daily volume of 73,401 shares. The stock had previously closed at C$0.06.

The firm’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 209.82. The firm has a market cap of $2.37 million and a price-to-earnings ratio of -1.96.

About China Education Resources (CVE:CHN)

China Education Resources Inc provides education resources and services for students, teachers, parents, and school administrators primarily in the People's Republic of China. It operates an education services portal, that provides educational content, resources, and training programs to users.

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