RYB Education Inc – (NYSE:RYB) Receives Average Recommendation of “Hold” from Brokerages

Shares of RYB Education Inc – (NYSE:RYB) have been given an average broker rating score of 3.35 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating and one has issued a hold rating on the company.

Brokerages have set a 1-year consensus price target of $6.75 for the company, according to Zacks. Zacks has also assigned RYB Education an industry rank of 72 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine upgraded shares of RYB Education from a “hold” rating to a “buy” rating in a report on Thursday.

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

RYB Education stock traded down $0.02 during mid-day trading on Monday, reaching $6.36. 1,700 shares of the company’s stock were exchanged, compared to its average volume of 75,888. The company has a market cap of $180.67 million, a P/E ratio of -106.00 and a beta of 1.61. RYB Education has a twelve month low of $5.60 and a twelve month high of $20.87. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 0.67. The company has a fifty day moving average of $6.45 and a 200-day moving average of $6.79.

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

About RYB Education

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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