Bright Scholar Education (NYSE:BEDU) Stock Price Up 8.6% – Still a Buy?

Bright Scholar Education Holdings Limited (NYSE:BEDU)’s share price rose 8.6% on Tuesday . The company traded as high as $1.73 and last traded at $1.73. Approximately 2,802 shares were traded during trading, a decline of 51% from the average daily volume of 5,777 shares. The stock had previously closed at $1.59.

Bright Scholar Education Stock Performance

The business has a 50-day simple moving average of $1.74 and a two-hundred day simple moving average of $1.87. The company has a market capitalization of $51.31 million, a price-to-earnings ratio of -0.36 and a beta of 0.41.

Bright Scholar Education (NYSE:BEDU) last posted its quarterly earnings data on Friday, January 24th. The company reported $0.16 earnings per share for the quarter. Bright Scholar Education had a negative return on equity of 0.35% and a negative net margin of 55.92%.

Bright Scholar Education Company Profile

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.