Bright Scholar Education (NYSE:BEDU) Trading 0.6% Higher - Still a Buy?

Key Points

• Bright Scholar Education's stock price increased by 0.6% to last trade at $1.74, with trading activity significantly lower than average.
• The company has a market capitalization of $51.73 million and a P/E ratio of -0.37, indicating negative earnings.
• Operating in multiple regions, Bright Scholar provides K-12 education services and related offerings across China, Hong Kong, Canada, the US, and the UK.

Bright Scholar Education (NYSE:BEDU - Get Free Report)'s share price was up 0.6% during mid-day trading on Tuesday . The stock traded as high as $1.73 and last traded at $1.74. Approximately 366 shares changed hands during trading, a decline of 73% from the average daily volume of 1,377 shares. The stock had previously closed at $1.73.

Bright Scholar Education Trading Up 2.1%

The firm has a market capitalization of $51.58 million, a price-to-earnings ratio of -0.37 and a beta of 0.38. The company has a fifty day moving average price of $1.79 and a 200-day moving average price of $1.70.

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.