Legacy Education Inc. (NYSEAMERICAN:LGCY) Short Interest Down 17.2% in December

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 100,716 shares, a drop of 17.2% from the November 30th total of 121,625 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 50,724 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 50,724 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the company’s stock are short sold.

Legacy Education Stock Performance

LGCY stock traded up $0.19 during midday trading on Wednesday, reaching $10.19. 13,313 shares of the company’s stock traded hands, compared to its average volume of 76,671. Legacy Education has a 52 week low of $5.83 and a 52 week high of $13.89. The firm has a market capitalization of $128.09 million, a PE ratio of 18.20 and a beta of 3.23. The company has a 50-day moving average price of $9.62 and a two-hundred day moving average price of $10.66.

Legacy Education (NYSEAMERICAN:LGCY) last announced its quarterly earnings results on Thursday, November 13th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $19.40 million for the quarter. Legacy Education had a net margin of 10.97% and a return on equity of 19.03%.

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.