China Liberal Education Holdings Limited (NASDAQ:CLEU) finished Wednesday with an addition of $0.14 to close at $2.70, an upside of 5.47 percent. An average of 4,130,278 shares of common stock have been traded in the last five days. There was a gain of $0.62 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 2,556,630 shares traded, while the 50-day average volume stands at 2,146,488.
CLEU stock has increased by 77.63% in the last month. The company shares reached their 1-month lowest point of $1.33 on 07/13/23. With the stock rallying to its 52-week high on 08/10/23, shares of the company touched a low of $0.50 and a high of $2.57 in 52 weeks. It has reached a new high 26 times so far this year and achieved 170.00% or $1.66 in price. In spite of this, the price is up 5.06% from the 52-week high.
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Valuation Metrics
China Liberal Education Holdings Limited (CLEU) stock’s beta is 1.70. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.18, the price-to-book (PB) ratio at 1.29.
Financial Health
The quick ratio of China Liberal Education Holdings Limited for the recent quarter was 0.90, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.02 for the recent quarter. China Liberal Education Holdings Limited’s EBITDA margin is -6.02%, while its operating margin for the same period stands at -12.00%. Its gross profit as reported stood at $6.0 million compared to revenue of $11.6 million.
Earnings Surprise
The company posted a net income of -$1.69 million in the quarter, while revenues were grew 26.04%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at China Liberal Education Holdings Limited (CLEU) price momentum. RSI 9-day as of the close on 09 August was 85.32%, suggesting the stock is Overbought, with historical volatility in this time frame at 95.69%.
As of today, CLEU’s price is $2.31 +30.39% or $0.62 from its 5-day moving average. CLEU is currently trading +87.32% higher than its 20-day SMA and +234.00% higher than its 100-day SMA. However, the stock’s current price level is +375.00% above the SMA50 and +153.33% above the SMA200.
The stochastic %K and %D were 95.09% and 93.29%, respectively, and the average true range (ATR) was 0.21. With the 14-day stochastic at 95.35% and the average true range at 0.19, the RSI (14) stands at 81.40%. The stock has reached 0.29 on the 9-day MACD Oscillator while the 14-day reading was at 0.45.
