Legacy Education (NYSEAMERICAN:LGCY) Shares Down 0.7% - Time to Sell?

Key Points

• Shares down 0.7% intraday to $13.60 (low $13.42) with about 52,410 shares traded, a ~53% increase versus average daily volume.
• Legacy Education has a market cap of $171.5M, a P/E of 22.3 and a beta of 2.81; its 50-day moving average ($12.58) sits above the 200-day ($10.81), indicating shorter-term strength.
• The company reported quarterly EPS of $0.15 on $19.18M revenue, with a return on equity of 19.46% and a net margin of 11.02%.

Legacy Education Inc. (NYSEAMERICAN:LGCY - Get Free Report)'s stock price dropped 0.7% during mid-day trading on Friday . The stock traded as low as $13.42 and last traded at $13.60. Approximately 52,410 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 34,295 shares. The stock had previously closed at $13.70.

Legacy Education Trading Down 0.7%

The firm has a market capitalization of $171.50 million, a P/E ratio of 22.30 and a beta of 2.81. The firm has a 50 day moving average price of $12.58 and a 200-day moving average price of $10.81.

Legacy Education (NYSEAMERICAN:LGCY - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $19.18 million during the quarter. Legacy Education had a return on equity of 19.46% and a net margin of 11.02%.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.

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