2U (TWOU) : Traders are bullish on 2U (TWOU) as it has outperformed the S&P 500 by a wide margin of 1.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.01%, relative to the S&P 500. The stock has risen by 2.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.54% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 1.06%.The 200 Day SMA reached 28.64% 2U, Inc. is up 23.33% in the last 3-month period. Year-to-Date the stock performance stands at 25.09%.
2U (TWOU) : Average target price received by 2U (TWOU) is $39.2 with an expected standard deviation of $1.79. The most aggressive target on the stock is $42, whereas the most downbeat target is $38. 5 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. 2U (NASDAQ:TWOU): The stock opened at $34.65 and touched an intraday high of $35.2475 on Friday. During the day, the stock corrected to an intraday low of $34.53, however, the bulls stepped in and pushed the price higher to close in the green at $35 with a gain of 0.98% for the day. The total traded volume for the day was 1,472,884. The stock had closed at $35 in the previous trading session.
2U, Inc. is a provider of an integrated solution comprised of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform), that allows colleges and universities to deliver online degree programs. The Companys SaaS technology consists of an online learning environment, Online Campus, which acts as the hub for student and faculty academic and social interaction, and operations applications, which provide the content management, admissions application processing, customer relationship management and other necessary functionalities. The Company also provides technology-enabled services that support the complete lifecycle of a higher education program, including attracting students, advising prospective students through the admissions application process, providing technical, success coaching and other support, facilitating accessibility to individuals with disabilities, and facilitating in-program field placements.