RISE Education Cayman Ltd (NASDAQ:REDU) rose 6.1% during mid-day trading on Friday . The stock traded as high as $8.50 and last traded at $8.50, approximately 126,276 shares were traded during mid-day trading. An increase of 119% from the average daily volume of 57,690 shares. The stock had previously closed at $8.01.
The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50-day moving average price is $8.82 and its two-hundred day moving average price is $9.53. The firm has a market capitalization of $454.76 million, a price-to-earnings ratio of 24.27 and a beta of 0.84.
RISE Education Cayman (NASDAQ:REDU) last issued its earnings results on Thursday, August 15th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.05). RISE Education Cayman had a net margin of 8.70% and a return on equity of 30.43%. The business had revenue of $53.47 million for the quarter.
RISE Education Cayman Company Profile (NASDAQ:REDU)
RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours.
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