Ambow Education (NYSEAMERICAN:AMBO) Issues Quarterly Earnings Results

Ambow Education (NYSEAMERICAN:AMBO) posted its earnings results on Friday. The company reported ($0.09) EPS for the quarter, FiscalAI reports. The company had revenue of $2.19 million during the quarter.

Ambow Education Trading Down 6.0%

Shares of Ambow Education stock traded down $0.15 on Friday, hitting $2.36. 23,951 shares of the company were exchanged, compared to its average volume of 14,587. The company has a 50-day moving average price of $2.99 and a 200 day moving average price of $3.50. Ambow Education has a 1-year low of $1.80 and a 1-year high of $6.75.

Hedge Funds Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC acquired a new position in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 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. Hedge funds and other institutional investors own 9.65% of the company’s stock.

Ambow Education Company Profile

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.