Million

Billion

Rise

Daily

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Various wall street analysts are predicting a strong high in the COUR stock in near future</a> </li> 
 <li> <span>2</span> <a>Coursera stock price is currently observing a bullish momentum. It is currently trading near the value of $20</a> </li> 
</ul> 
<p>Coursera is one of the biggest Edtech companies across the globe. The company connects learners , educators and institutions to provide educational content. They offer a range of learnings, certificates and degrees. The current chairman of the company is Andrew NG with CEO as Jefferey.</p> 
<p>Coursera has recently released their second quarter report with a revenue of $153.7 Million which is 23% from the previous quarter. The gross profit of the company was around $79.7 Million which is more than 50% of the revenue for the quarter. The net loss of Coursera for this quarter was about 20.7% of the total revenue which is less as compared to previous year. Meanwhile, the company has adjusted EBITDA of around $19 Million which is less as compared to previous year.</p> 
<p>Coursera has a market cap of $2.45 Billion with a negative EPS. The average volume of the COUR is around 1,144,880 shares which has seen a rise in the past few months. Various wall street analysts are expecting strong growth in the future.</p> 
<h2 class="wp-block-heading" id="strong-will-cour-stock-see-a-rise-soon-strong"><strong>Will COUR Stock See A Rise Soon?</strong></h2> 
<figure class="wp-block-image"> 
 <img decoding="async" src="https://lh4.googleusercontent.com/p5__omoB-_onLGQYZfe2dxV0M9KxMAubXuvGH-jm004OkwcmFoabPk633bPZ578JMBaqe2zDIjcePnhbJHITUiVyaxHbX-zMP2N9Ohx-lyswTHqq_BqiFlIdYRj90eUojDgszACxpS0R8EDP" alt=""> 
</figure> 
<p>The weekly technical chart of COUR <a href="https://www.thecoinrepublic.com/2023/08/23/hood-stock-forecast-buy-sell-or-hold-robinhood-in-2023/" target="_blank" rel="noopener noreferrer nofollow">Stock price</a> suggests a weak consolidated momentum. On the daily chart Coursera stock price is trading near the value of $16.4 with a small gain in the intraday session. The upside trend of COUR stock can see a halt near the value of $20.Meanwhile, the support of the asset price can be observed near $14. COUR stock price is currently trading above the 50 and 100 Daily Moving Averages. The current DMA levels can act as a support in case of a bearish momentum in price.</p> 
<p>The RSI of the Coursera stock price is near the value of 71 suggesting its presence in the oversold zone. The overall sentiment of the indicator is neutral.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>Coursera has recently observed a rise in revenue in the recent quarter. COUR stock price is currently seeing a strong upside momentum. Various wall street analysts are expecting a strong rise in the COUR stock in the near future.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Major Support: $12</p> 
<p>Major Resistance; $20</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Coursera Stock Price On A Bullish Mode, Will It See A New High Soon?

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Thecoinrepublic.com

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