China Distance Education Holdings Put on Hold by Zacks

Published Date : Jun 24, 2015

China Distance Education Holdings Limited is a supplier of online education, fulfilling proceeding with training prerequisites to keep up their licenses and enhance their reasonable employment abilities through its expert advancement courses.

As indicated by Zacks, "China Distance Education Holdings Limited’ is a main supplier of online education in China concentrating on expert training. The courses offered by the company through its sites are intended to help experts and other course members get and keep up the abilities, licenses and accreditations important to seek after professions in China in the regions of bookkeeping, law, construction engineering, healthcare, data innovation and different businesses. 

China Distance Education Holdings’ share opened at 17.52 on Monday. China Distance Education Holdings has one year low of $12.31 and an year high of $22.00. The 50-day stock’s moving average is $18. furthermore, its moving average for 200-day is $17. The organization has a business top of $628.18 million and a P/E proportion of 25.54. 

China Distance Education Holdings last issued its quarterly profit information on Tuesday, May 19th. The organization reported $0.03 EPS for the quarter, meeting the Thomson Reuters accord estimate of $0.03. The organization had income of $22.30 million for the quarter. 

Different values research examiners have additionally as of late issued reports about the stock. Examiners at Piper Jaffray started coverage on shares of China Distance Education Holdings in an examination note on Friday, May 29th. They set a "purchase" rating and a $22.00 value focus on the stock. Analysts at Oppenheimer brought down their value focus on shares of China Distance Education Holdings from $29.00 to $20.00 and set a "outperform" rating on the stock in an examination note on Thursday, May 21st.