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Bright Scholar Education (NYSE:BEDU) Trading Down 1.7% - Here's Why

Bright Scholar Education logo with Consumer Discretionary background

Bright Scholar Education (NYSE:BEDU - Get Free Report) dropped 1.7% during mid-day trading on Monday . The stock traded as low as $1.78 and last traded at $1.78. Approximately 2,052 shares were traded during trading, a decline of 79% from the average daily volume of 9,760 shares. The stock had previously closed at $1.81.

Bright Scholar Education Stock Down 0.3%

The stock has a market capitalization of $53.80 million, a P/E ratio of -0.39 and a beta of 0.36. The business's 50 day simple moving average is $1.78 and its two-hundred day simple moving average is $1.70.

Bright Scholar Education (NYSE:BEDU - Get Free Report) last announced its earnings results on Monday, April 28th. The company reported $0.14 EPS for the quarter. Bright Scholar Education had a negative net margin of 58.44% and a positive return on equity of 2.31%. The firm had revenue of $55.20 million for the quarter.

Bright Scholar Education Company Profile

(Get Free Report)

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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