Ambow Education (NYSEAMERICAN:AMBO) Trading Up 2.8% – Still a Buy?

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO)’s share price was up 2.8% during mid-day trading on Tuesday . The stock traded as high as $2.05 and last traded at $2.0450. Approximately 1,538 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 14,563 shares. The stock had previously closed at $1.99.

Ambow Education Price Performance

The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.34 and a current ratio of 2.44. The stock has a 50-day simple moving average of $2.13 and a 200 day simple moving average of $2.20.

Ambow Education (NYSEAMERICAN:AMBO) last issued its earnings results on Friday, August 14th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $2.39 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) during the third quarter, according to its most recent filing with the SEC. The firm bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.62% of Ambow Education at the end of the most recent quarter. 9.65% of the stock is currently owned by institutional investors and hedge funds.

About Ambow Education

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.