Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 3,354 shares, a decrease of 36.6% from the September 15th total of 5,292 shares. Based on an average daily trading volume, of 6,424 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.
Ambow Education Trading Up 4.6%
AMBO stock traded up $0.08 during trading hours on Friday, hitting $1.75. 1,198 shares of the stock were exchanged, compared to its average volume of 4,650. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. The company has a 50-day simple moving average of $2.00 and a two-hundred day simple moving average of $2.21. Ambow Education has a 12 month low of $1.47 and a 12 month high of $5.25.
Ambow Education (NYSEAMERICAN:AMBO – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $2.39 million during the quarter.
About Ambow Education
Ambow Education Holding Ltd. is an education services company focused on career-oriented learning and workforce development. The company provides technology-enabled educational programs designed to help students and working professionals build academic, technical and employment-related skills.
Ambow’s activities have historically included vocational and career training, higher education services, professional development and online or blended learning. Its offerings have covered areas such as information technology, business and other career-focused disciplines, with course delivery supported by digital learning platforms and physical education facilities.
Founded in China, Ambow has served students in China and has also expanded its education activities into the United States through investments in postsecondary institutions and related education businesses.
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