Ambow Education (NYSEAMERICAN:AMBO – Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.05) earnings per share for the quarter, FiscalAI reports. The company had revenue of $2.39 million for the quarter.
Ambow Education Price Performance
AMBO traded up $0.01 on Friday, reaching $2.13. The company had a trading volume of 9,693 shares, compared to its average volume of 27,213. The stock has a 50-day moving average price of $2.26 and a 200-day moving average price of $2.27. Ambow Education has a 1 year low of $1.47 and a 1 year high of $6.75. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 2.51.
Hedge Funds Weigh In On Ambow Education
A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC bought a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is currently owned by institutional investors and hedge funds.
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.
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