ValuEngine upgraded shares of China Distance Education (NYSE:DL) from a sell rating to a hold rating in a research note issued to investors on Friday.
NYSE DL traded down $0.04 during trading hours on Friday, hitting $7.93. 10,261 shares of the company’s stock were exchanged, compared to its average volume of 28,277. China Distance Education has a 1-year low of $7.04 and a 1-year high of $10.71. The stock has a market capitalization of $265.35 million, a P/E ratio of 31.88 and a beta of 1.53. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.63 and a quick ratio of 0.61.
China Distance Education (NYSE:DL) last released its earnings results on Wednesday, August 15th. The technology company reported $0.15 EPS 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.
China Distance Education Company Profile
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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