GCA Investment Management LLC bought a new position in shares of RISE Education Cayman Ltd (NASDAQ:REDU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 25,000 shares of the company’s stock, valued at approximately $370,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of REDU. Lazard Asset Management LLC acquired a new stake in shares of RISE Education Cayman during the 4th quarter worth about $27,292,000. Tiger Pacific Capital LP acquired a new stake in shares of RISE Education Cayman during the 4th quarter worth about $3,385,000. Finally, Dalton Investments LLC acquired a new stake in shares of RISE Education Cayman during the 4th quarter worth about $1,035,000. Institutional investors own 10.80% of the company’s stock.
Shares of RISE Education Cayman Ltd (NASDAQ REDU) opened at $17.16 on Tuesday. RISE Education Cayman Ltd has a 12 month low of $9.50 and a 12 month high of $17.86. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of -6.48.
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RISE Education Cayman Company Profile
RISE Education Cayman Ltd is a holding company. The Company, through its subsidiaries, offers after-school English teaching and tutoring services to students aged three to 18. It operates in China’s junior English Language Training (ELT) market. Its offers three flagship courses, including Rise Start, Rise On and Rise Up, that are designed for students aged three to six, seven to twelve and 13 to 18, respectively.
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