2U, Inc. (NASDAQ:TWOU) Given Average Recommendation of “Hold” by Brokerages

Shares of 2U, Inc. (NASDAQ:TWOU) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $54.00.

A number of research analysts have weighed in on the company. StockNews.com began coverage on 2U in a report on Monday. They issued a “hold” rating on the stock. Needham & Company LLC restated a “hold” rating on shares of 2U in a research report on Friday, July 26th.

2U Price Performance

Shares of 2U stock opened at $0.21 on Friday. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.91 and a quick ratio of 0.91. The business has a 50 day simple moving average of $2.07 and a two-hundred day simple moving average of $6.82. The stock has a market capitalization of $574,615.00, a P/E ratio of 0.00 and a beta of 0.81. 2U has a 12 month low of $1.05 and a 12 month high of $135.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets grew its position in 2U by 49.0% in the fourth quarter. BNP Paribas Financial Markets now owns 1,331,482 shares of the software maker’s stock worth $1,638,000 after acquiring an additional 438,007 shares during the period. Los Angeles Capital Management LLC grew its holdings in shares of 2U by 76.1% during the 1st quarter. Los Angeles Capital Management LLC now owns 627,394 shares of the software maker’s stock worth $244,000 after purchasing an additional 271,133 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in 2U by 232.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 361,725 shares of the software maker’s stock valued at $141,000 after buying an additional 252,800 shares during the period. Finally, Keynote Financial Services LLC acquired a new position in 2U in the first quarter valued at about $69,000. Institutional investors and hedge funds own 80.53% of the company’s stock.

About 2U

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.