China Distance Education (NYSE:DL) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.
NYSE DL traded down $0.04 on Friday, reaching $7.93. 10,200 shares of the company’s stock traded hands, compared to its average volume of 35,260. China Distance Education has a 12 month low of $7.04 and a 12 month high of $10.71. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.63 and a quick ratio of 0.61. The stock has a market capitalization of $259.69 million, a P/E ratio of 31.20 and a beta of 1.53.
China Distance Education (NYSE:DL) last issued its quarterly earnings results on Wednesday, August 15th. The technology company reported $0.15 EPS for the quarter. China Distance Education had a net margin of 5.06% and a return on equity of 12.48%. The business had revenue of $47.42 million for the quarter.
China Distance Education Company Profile
China Distance Education Holdings Limited provides online and offline education services, and sells related products in the People's Republic of China. It operates through three segments: Online Education Services, Business Start-Up Training Services, and The Sale of Learning Simulation Software.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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