Legacy Education (NYSEAMERICAN:LGCY) Trading Up 6.3% – Time to Buy?

Legacy Education Inc. (NYSEAMERICAN:LGCY) rose 6.3% on Friday . The company traded as high as $10.59 and last traded at $10.47. Approximately 55,592 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 58,137 shares. The stock had previously closed at $9.85.

Legacy Education Stock Performance

The firm has a 50-day moving average of $9.54 and a 200-day moving average of $10.57. The firm has a market capitalization of $131.61 million, a P/E ratio of 18.70 and a beta of 3.23.

Legacy Education (NYSEAMERICAN:LGCY) last released its quarterly earnings data on Thursday, November 13th. The company reported $0.16 earnings per share for the quarter. Legacy Education had a return on equity of 19.03% and a net margin of 10.97%.The firm had revenue of $19.40 million during the quarter.

About Legacy Education

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.