The stock of RISE Education Cayman Ltd (NASDAQ:REDU) increased by increased by $0.12 on Friday to finish at $0.83, up 15.96 percent. The last five days have seen an average of 1,254,820 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$5.2610. The average number of shares traded over the last 20 days was 977,060, while the average volume over the last 50 days totaled 557,310.
REDU stock appreciated 15.12% since last month. On 09/29/21, the company’s shares reached a one-month low of $0.5901. The stock touched a high of $7.32 on 02/05/21, after rallying from a low of $0.59 in 52 weeks. The price of REDU stock has declined by -86.39% or -$5.2610 this year, reaching a new high 3 times. Still, the stock price is down -88.67% from the 52-week high.
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The PE ratio of RISE Education Cayman Ltd has varied between 326.45 and 8.328 in the last five years. Beta for the stock is 1.37. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.23, the price-to-book (PB) ratio of 0.64.
For the three months ended March 30, RISE Education Cayman Ltd’s quick ratio was 0.70, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.83, and the total debt to equity ratio is 0.87. As far as profitability goes, gross margin for the trailing twelve months is 44.00% percent. RISE Education Cayman Ltd’s EBITDA margin for the year ended March 30 was -5.65%, whereas its operating margin stood at -7.10% for the same period. Based on annual data, it had gross profit of $54.49 million and revenue of $146.89 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. REDU’s return on assets (ROA) during the last 12 months has been -2.10%. There was a -17.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -11.20%. ROE has averaged 11.73 in the past year for the broader industry.
According to RISE Education Cayman Ltd’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $146.89 million, while revenues rose by 100.0% to $0.0. It was predicted that RISE Education Cayman Ltd’s quarterly earnings would be -$0.05, but it ended up being $0. EBITDA was -$5.31 million for the quarter. At the end of RISE Education Cayman Ltd’s most recent quarter ended March 30, its liabilities totaled 304.46 million, while its total debt was $1.04 billion.
Here’s a quick look at RISE Education Cayman Ltd’s (REDU) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 67.00%, suggesting the stock is Neutral, with a 90.53% historical volatility rate.
The stochastic %K and %D were 68.06% and 61.85% respectively, while the average true range (ATR) was 0.0928. Based on the 14-day stochastic reading of 84.30%, the RSI (14) reading is 58.23%. On the 9-day MACD Oscillator, the stock is at 0.0234, and the 14-day reading is at 0.0373.
RISE Education Cayman Ltd (NASDAQ: REDU) was downgraded by Credit Suisse to a a Neutral rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned RISE Education Cayman Ltd (REDU) an Hold rating. REDU is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is REDU’s price target for the next 12 months?
The current consensus forecast for the stock is between $2.90 and $2.90, with a median target price of $2.90. In analyzing these forecasts, the average price target given by analysts for RISE Education Cayman Ltd (REDU) is $2.90.