RYB Education (NYSE:RYB) Rating Increased to Buy at ValuEngine

RYB Education (NYSE:RYB) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Thursday, ValuEngine reports.

NYSE:RYB opened at $6.38 on Thursday. The firm has a market capitalization of $182.53 million, a price-to-earnings ratio of -106.33 and a beta of 1.61. RYB Education has a 52-week low of $5.60 and a 52-week high of $20.87. The stock has a fifty day moving average of $6.44 and a 200 day moving average of $6.81. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 0.84.

RYB Education (NYSE:RYB) last posted its quarterly earnings data on Tuesday, August 20th. The company reported $0.10 earnings per share (EPS) for the quarter. RYB Education had a negative return on equity of 2.91% and a negative net margin of 1.90%. The company had revenue of $53.55 million during the quarter.

An institutional investor recently raised its position in RYB Education stock. Renaissance Technologies LLC raised its position in shares of RYB Education Inc – (NYSE:RYB) by 111.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,544 shares of the company’s stock after purchasing an additional 74,044 shares during the period. Renaissance Technologies LLC owned approximately 0.49% of RYB Education worth $942,000 at the end of the most recent reporting period. 9.10% of the stock is owned by hedge funds and other institutional investors.

RYB Education Company Profile

RYB Education, Inc provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their families to promote children's development and prepare them for their entry into kindergartens and primary schools.

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