OneSmart International Edun Gr (NYSE:ONE) Cut to Hold at ValuEngine

ValuEngine downgraded shares of OneSmart International Edun Gr (NYSE:ONE) from a buy rating to a hold rating in a report released on Saturday morning, ValuEngine reports.

Separately, Zacks Investment Research raised OneSmart International Edun Gr from a sell rating to a hold rating in a research note on Wednesday, October 2nd.

Shares of NYSE ONE opened at $7.30 on Friday. OneSmart International Edun Gr has a twelve month low of $6.64 and a twelve month high of $9.40. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.15. The stock has a fifty day simple moving average of $7.26 and a 200-day simple moving average of $7.78. The stock has a market capitalization of $1.13 billion, a PE ratio of -7.16 and a beta of 0.34.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amundi Pioneer Asset Management Inc. acquired a new stake in OneSmart International Edun Gr during the second quarter worth about $1,583,000. Pictet Asset Management Ltd. acquired a new stake in OneSmart International Edun Gr during the second quarter worth about $223,000. Citadel Advisors LLC acquired a new stake in OneSmart International Edun Gr during the second quarter worth about $138,000. Vanguard Group Inc. acquired a new stake in OneSmart International Edun Gr during the second quarter worth about $177,000. Finally, Indus Capital Partners LLC grew its holdings in OneSmart International Edun Gr by 62.1% during the second quarter. Indus Capital Partners LLC now owns 1,474,575 shares of the business services provider’s stock worth $11,738,000 after acquiring an additional 564,999 shares during the period. 38.00% of the stock is owned by hedge funds and other institutional investors.

About OneSmart International Edun Gr

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools (K12) in the People's Republic of China. The company offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

See Also: What is the Dividend Aristocrat Index?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for OneSmart International Edun Gr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneSmart International Edun Gr and related companies with MarketBeat.com's FREE daily email newsletter.