Bright Scholar Education (NYSE:BEDU) Shares Up 4.5% – Time to Buy?

Bright Scholar Education Holdings Limited (NYSE:BEDU)’s share price shot up 4.5% during mid-day trading on Monday . The company traded as high as $2.09 and last traded at $2.09. 1,074 shares changed hands during trading, a decline of 88% from the average session volume of 8,617 shares. The stock had previously closed at $2.00.

Bright Scholar Education Stock Performance

The stock has a market cap of $57.97 million, a P/E ratio of -1.26 and a beta of 0.45. The stock’s fifty day moving average price is $1.96 and its 200 day moving average price is $2.00.

Bright Scholar Education (NYSE:BEDU) last announced its earnings results on Friday, August 2nd. The company reported $0.20 EPS for the quarter. The firm had revenue of $76.51 million for the quarter. Bright Scholar Education had a negative net margin of 15.84% and a negative return on equity of 0.34%.

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.