Bright Scholar Education (NYSE:BEDU) Shares Down 3% – Should You Sell?

Bright Scholar Education Holdings Limited (NYSE:BEDU) dropped 3% on Monday . The company traded as low as $1.60 and last traded at $1.60. Approximately 11,600 shares traded hands during trading, an increase of 22% from the average daily volume of 9,508 shares. The stock had previously closed at $1.65.

Bright Scholar Education Trading Down 3.0%

The stock has a 50-day simple moving average of $1.66 and a two-hundred day simple moving average of $1.72. The firm has a market capitalization of $47.56 million, a P/E ratio of -0.33 and a beta of 0.33.

Bright Scholar Education (NYSE:BEDU) last issued its earnings results on Monday, April 28th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $55.20 million during the quarter. Bright Scholar Education had a negative return on equity of 0.35% and a negative net margin of 55.92%.

About Bright Scholar Education

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.