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Bright Scholar Education (BEDU) Jumps: Stock Rises 6.3%

Zacks Equity Research

Bright Scholar Education Holdings Limited BEDU was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.79 to $11.12 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Bright Scholar Education currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Bright Scholar Education Holdings Ltd. Price

Bright Scholar Education Holdings Ltd. Price | Bright Scholar Education Holdings Ltd. Quote

Investors interested in the Schools industry may consider a better-ranked stock like Career Education Corporation CECO, which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
 
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Bright Scholar Education Holdings Ltd. (BEDU) : Free Stock Analysis Report
 
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