Short Interest in Legacy Education Inc. (NYSEAMERICAN:LGCY) Drops By 17.2%

Legacy Education Inc. (NYSEAMERICAN:LGCY) was the target of a large 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. Based on an average daily trading volume, of 50,724 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.0% of the shares of the company are sold short. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 50,724 shares, the days-to-cover ratio is presently 2.0 days.

Legacy Education Trading Up 1.9%

Legacy Education stock traded up $0.19 on Thursday, reaching $10.19. 13,313 shares of the stock were exchanged, compared to its average volume of 45,231. The stock has a market cap of $128.09 million, a PE ratio of 18.20 and a beta of 3.23. The firm has a fifty day moving average price of $9.63 and a two-hundred day moving average price of $10.66. Legacy Education has a twelve month low of $5.83 and a twelve month high of $13.89.

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