Ambow Education (NYSEAMERICAN:AMBO) Stock Price Down 4.5% – Here’s Why

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO)’s share price fell 4.5% during trading on Thursday . The company traded as low as $2.53 and last traded at $2.55. 3,240 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 11,413 shares. The stock had previously closed at $2.67.

Ambow Education Stock Down 4.5%

The stock has a 50 day moving average price of $3.19 and a two-hundred day moving average price of $3.50.

Hedge Funds Weigh In On Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC bought a new position in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is currently owned by institutional investors.

About Ambow Education

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.