Bright Scholar Education (NYSE:BEDU) Issues Quarterly Earnings Results

Bright Scholar Education (NYSE:BEDU) posted its earnings results on Friday. The company reported $0.03 EPS for the quarter, reports. The business had revenue of $72.45 million during the quarter.

Bright Scholar Education Trading Up 1.6 %

NYSE BEDU opened at $1.91 on Monday. The company has a fifty day simple moving average of $1.99 and a 200 day simple moving average of $1.53. The company has a market cap of $56.78 million, a P/E ratio of -1.23 and a beta of 0.53. Bright Scholar Education has a 1 year low of $0.81 and a 1 year high of $3.23.

Wall Street Analysts Forecast Growth

Separately, TheStreet downgraded shares of Bright Scholar Education from a “c-” rating to a “d-” rating in a research report on Monday, February 5th.

Hedge Funds Weigh In On Bright Scholar Education

An institutional investor recently raised its position in Bright Scholar Education stock. Maven Securities LTD boosted its stake in shares of Bright Scholar Education Holdings Limited (NYSE:BEDU) by 105.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,145 shares of the company’s stock after purchasing an additional 13,396 shares during the quarter. Maven Securities LTD’s holdings in Bright Scholar Education were worth $63,000 at the end of the most recent quarter. Institutional investors own 26.05% of the company’s stock.

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.