China Distance Education (DL) Upgraded by ValuEngine to “Hold”
ValuEngine upgraded shares of China Distance Education (NYSE:DL) from a sell rating to a hold rating in a research report released on Friday.
Shares of DL stock traded down $0.04 on Friday, hitting $7.93. 10,261 shares of the company’s stock were exchanged, compared to its average volume of 28,277. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 0.20. China Distance Education has a 12 month low of $7.04 and a 12 month high of $10.71. The company has a market cap of $265.35 million, a P/E ratio of 31.88 and a beta of 1.53.
China Distance Education (NYSE:DL) last announced its quarterly earnings data on Wednesday, August 15th. The technology company reported $0.15 earnings per share for the quarter. China Distance Education had a return on equity of 12.48% and a net margin of 5.06%. The business had revenue of $47.42 million during the quarter.
About China Distance Education
China Distance Education Holdings Limited provides online and offline education services, and sells related products in the People's Republic of China. It operates through three segments: Online Education Services, Business Start-Up Training Services, and The Sale of Learning Simulation Software.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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