News articles about RISE Education Cayman (NASDAQ:REDU) have trended positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. RISE Education Cayman earned a daily sentiment score of 0.28 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.2353602715499 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
REDU traded up $0.05 during trading on Friday, reaching $12.89. 63,191 shares of the company’s stock were exchanged, compared to its average volume of 110,291. The firm has a market capitalization of $706.20 million and a PE ratio of 128.90. RISE Education Cayman has a fifty-two week low of $9.50 and a fifty-two week high of $18.60. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.07 and a current ratio of 1.07.
RISE Education Cayman (NASDAQ:REDU) last announced its quarterly earnings results on Thursday, May 10th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.45. The firm had revenue of $43.07 million for the quarter. equities analysts forecast that RISE Education Cayman will post 0.48 EPS for the current year.
A number of analysts recently weighed in on REDU shares. Credit Suisse Group started coverage on shares of RISE Education Cayman in a report on Tuesday, May 29th. They issued an “outperform” rating for the company. Zacks Investment Research lowered shares of RISE Education Cayman from a “hold” rating to a “sell” rating in a report on Wednesday, May 16th. UBS Group assumed coverage on shares of RISE Education Cayman in a report on Thursday, June 7th. They issued a “buy” rating for the company. Finally, ValuEngine raised shares of RISE Education Cayman from a “hold” rating to a “buy” rating in a report on Saturday, July 28th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.25.
RISE Education Cayman Company Profile
RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours.
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