Hailiang Education Group Inc. – (NASDAQ:HLG) last traded at $19.81 with a low of $18.91 and high of $20.46. The swing makes the stock one of the most volatile of the day.
Company shares last traded at $19.81 a bit higher than $19.67, the 50 day moving average and which is marginally higher than the 200 day moving average of $19.67. The 50 day moving average was up $0.14 whereas the 200 day average was up by +0.6989%.
Investors are more bearish on the company considering the rise in short interest. The company saw a rise in short interest of 1,102.42% between August 15, 2017 and August 31, 2017. Short interest grew from 1,280 to 15,391 over that period. With short interest at 15,391 and short average daily volume at 47,163, the short-interest ratio is 0.0 and the short interest percentage is 0.00% as of August 31.
Earnings Per Share
The most current P/E ratio is 23.5574 and market capitalization is 509.16M.
Hailiang Education Group Inc. is a holding company. The Company, through its subsidiaries Hailiang Education (HK) Limited (Hailiang HK) and Zhejiang Hailiang Education Consulting and Services Co., Ltd. (Hailiang Consulting), and consolidated affiliated entities, Zhejiang Hailiang Education Investment Co., Ltd. (Hailiang Investment), Zhuji Hailiang Foreign Language School (Foreign Language), Zhuji Private High School (Private High) and Zhuji Tianma Experimental School (Tianma Experimental), is principally engaged in provision of private K-12 educational services. These schools are located in Zhuji City, Zhejiang province in the People’s Republic of China (the PRC). Through its three schools, it offers educational programs that cover kindergarten through twelfth grade. As of June 30, 2016, the Company had an aggregate number of 18,673 students, including 423 students in kindergarten, 4,004 students in primary school, 4,492 students in middle school, 7,841 students in high school of its basic educational program and 1,913 students in its international program. As of June 30, 2016, its three schools in aggregate had over 854 multi-media classrooms, all with wireless fidelity (Wi-Fi) coverage, over 2,136 computers and tablet computers, 18 sports fields and approximately 2,704 student dormitory rooms. Its students can choose between enrolling in its basic educational program or its international program..