Legacy Education (NYSEAMERICAN:LGCY) Stock Price Down 0.7% – Here’s Why

Legacy Education Inc. (NYSEAMERICAN:LGCY)’s share price traded down 0.7% during mid-day trading on Friday . The stock traded as low as $13.42 and last traded at $13.60. 52,410 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 34,295 shares. The stock had previously closed at $13.70.

Legacy Education Stock Performance

The company’s fifty day moving average is $12.58 and its 200-day moving average is $10.80. The company has a market capitalization of $171.50 million, a PE ratio of 22.30 and a beta of 2.81.

Legacy Education (NYSEAMERICAN:LGCY) last released its earnings results on Thursday, February 12th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $19.18 million during the quarter. Legacy Education had a net margin of 11.02% and a return on equity of 19.46%.

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.