Legacy Education Inc. (NYSEAMERICAN:LGCY) Sees Large Increase in Short Interest

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 63,925 shares, a growth of 21.8% from the February 12th total of 52,474 shares. Based on an average daily volume of 112,247 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 112,247 shares, the days-to-cover ratio is presently 0.6 days.

Legacy Education Stock Up 1.1%

Shares of LGCY traded up $0.15 during midday trading on Tuesday, reaching $13.93. 17,773 shares of the stock were exchanged, compared to its average volume of 62,450. The company has a market cap of $175.66 million, a price-to-earnings ratio of 22.84 and a beta of 2.78. Legacy Education has a 12-month low of $5.83 and a 12-month high of $14.70. The firm has a 50 day simple moving average of $11.56 and a 200-day simple moving average of $10.75.

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

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.