Bright Scholar Education (NYSE:BEDU – Get Free Report) issued its earnings results on Monday. The company reported $0.28 EPS for the quarter, reports. The firm had revenue of $80.26 million during the quarter.
Bright Scholar Education Trading Up 3.2 %
Shares of NYSE BEDU opened at $1.91 on Thursday. Bright Scholar Education has a 52 week low of $0.81 and a 52 week high of $3.39. The business’s 50 day moving average price is $1.40 and its 200 day moving average price is $1.19.
Analyst Ratings Changes
Separately, TheStreet lowered Bright Scholar Education from a “c-” rating to a “d-” rating in a research report on Monday.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Bright Scholar Education stock. Renaissance Technologies LLC raised its stake in Bright Scholar Education Holdings Limited (NYSE:BEDU – Free Report) by 16.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 337,700 shares of the company’s stock after acquiring an additional 48,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.28% of Bright Scholar Education worth $203,000 at the end of the most recent reporting period. 6.82% of the stock is owned by institutional investors and hedge funds.
About Bright Scholar Education
Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.
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