G8 Education (ASX:GEM) Stock Price Passes Above 50-Day Moving Average of $2.69

G8 Education Ltd (ASX:GEM)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.69 and traded as high as $2.56. G8 Education shares last traded at $2.46, with a volume of 1,974,419 shares.

The firm’s 50 day moving average is A$2.68 and its two-hundred day moving average is A$2.98. The firm has a market cap of $1.13 billion and a P/E ratio of 16.73. The company has a current ratio of 0.56, a quick ratio of 0.51 and a debt-to-equity ratio of 137.86.

G8 Education Company Profile (ASX:GEM)

G8 Education Limited owns, operates, franchises, and manages child care centers. The company provides developmental and educational child care services. It operates 519 centers in Australia and Singapore. The company was founded in 2006 and is headquartered in Varsity Lakes, Australia.

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