Headlines about China Distance Education (NYSE:DL) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Distance Education earned a news impact score of 0.10 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 48.4431724306009 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s analysis:
- Edited Transcript of DL earnings conference call or presentation 17-May-18 12:00pm GMT (finance.yahoo.com)
- China Distance Education Holdings’ (DL) CEO Zhengdong Zhu on Q2 2018 Results – Earnings Call Transcript (seekingalpha.com)
- China Distance Education Holdings Limited Reports Financial Results for Second Quarter Fiscal Year 2018 (prnewswire.com)
- China Distance: Fiscal 2Q Earnings Snapshot (cnbc.com)
- China Distance Education (DL) Reports Q2 Loss of $0.08 on Revenues of $29.7M (streetinsider.com)
Separately, ValuEngine cut shares of China Distance Education from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.
China Distance Education traded up $7.95, reaching $7.95, on Friday, according to MarketBeat. The stock had a trading volume of 19,500 shares, compared to its average volume of 49,541. China Distance Education has a 12-month low of $7.96 and a 12-month high of $7.97. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.75 and a current ratio of 0.77. The stock has a market capitalization of $264.70 million, a price-to-earnings ratio of 42.26 and a beta of 1.48.
China Distance Education (NYSE:DL) last released its quarterly earnings data on Wednesday, March 7th. The technology company reported $0.00 earnings per share for the quarter. China Distance Education had a net margin of 3.94% and a return on equity of 9.31%. The company had revenue of $35.88 million during the quarter. During the same period in the previous year, the firm posted $0.07 EPS.
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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