Short Interest in Legacy Education Inc. (NYSEAMERICAN:LGCY) Grows By 13.3%

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 59,042 shares, an increase of 13.3% from the March 31st total of 52,095 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 40,638 shares, the short-interest ratio is presently 1.5 days.

Legacy Education Stock Performance

Shares of LGCY stock traded up $0.17 during trading on Friday, hitting $11.02. The company had a trading volume of 131,415 shares, compared to its average volume of 47,940. The firm has a market capitalization of $138.96 million, a P/E ratio of 18.07 and a beta of 1.25. The stock’s 50-day moving average price is $13.04 and its 200 day moving average price is $11.02. Legacy Education has a one year low of $6.51 and a one year high of $14.70.

Legacy Education (NYSEAMERICAN:LGCY) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.15 earnings per share (EPS) 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%. On average, research analysts anticipate that Legacy Education will post 0.67 earnings per share for the current fiscal year.

Legacy Education Company Profile

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.