Legacy Education Inc. (NYSEAMERICAN:LGCY) Short Interest Down 22.3% in March

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 52,095 shares, a decline of 22.3% from the March 15th total of 67,068 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 34,247 shares, the short-interest ratio is currently 1.5 days.

Legacy Education Stock Performance

NYSEAMERICAN LGCY traded up $0.20 on Friday, reaching $13.45. 42,298 shares of the stock traded hands, compared to its average volume of 34,719. The company has a fifty day moving average price of $12.92 and a 200-day moving average price of $10.88. The company has a market cap of $169.60 million, a price-to-earnings ratio of 22.05 and a beta of 2.81. Legacy Education has a 12 month low of $6.01 and a 12 month high of $14.70.

Legacy Education (NYSEAMERICAN:LGCY) last issued its earnings results on Thursday, February 12th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $19.18 million during the quarter. Legacy Education had a return on equity of 19.46% and a net margin of 11.02%.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.