Ambow Education (NYSEAMERICAN:AMBO) Stock Price Up 2.8% – Time to Buy?

Shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOGet Free Report) traded up 2.8% on Tuesday . The stock traded as high as $2.05 and last traded at $2.0450. 1,538 shares were traded during mid-day trading, a decline of 89% from the average session volume of 14,563 shares. The stock had previously closed at $1.99.

Ambow Education Stock Performance

The company has a current ratio of 2.44, a quick ratio of 2.34 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average is $2.12 and its two-hundred day moving average is $2.20.

Ambow Education (NYSEAMERICAN:AMBOGet Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.05) EPS for the quarter. The business had revenue of $2.39 million during the quarter.

Institutional Trading of Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC purchased a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBOFree Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education as of its most recent SEC filing. Institutional investors own 9.65% of the company’s stock.

About Ambow Education

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Ambow Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambow Education and related companies with MarketBeat.com's FREE daily email newsletter.