Ambow Education (NYSEAMERICAN:AMBO) Stock Falls 0.7% – Here’s Why

Shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) dropped 0.7% during trading on Friday. The company traded as low as $1.48 and last traded at $1.47. Approximately 2,437 shares traded hands during mid-day trading, an increase of 61% from the average session volume of 1,514 shares. The stock had previously closed at $1.48.

Ambow Education Price Performance

The company has a fifty day moving average price of $1.85 and a 200 day moving average price of $2.16. The company has a current ratio of 2.44, a quick ratio of 2.34 and a debt-to-equity ratio of 0.31.

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

Ambow Education Company Profile

Ambow Education Holding Ltd. is an education services company focused on providing learning and career-development opportunities. Its activities have included post-secondary education, vocational and professional training, K-12 education, test preparation, and other programs designed to improve students’ academic and employment prospects.

The company has primarily served the Chinese education market through learning centers, education programs, and career-enhancement services. Its offerings have included technology-enabled instruction, skills training, and support for students seeking further education or employment.