Press coverage about Career Education (NASDAQ:CECO) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Career Education earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.1852378555148 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, BidaskClub lowered Career Education from a “hold” rating to a “sell” rating in a research report on Friday, December 22nd.
Career Education (CECO) opened at $12.20 on Friday. Career Education has a 12-month low of $7.62 and a 12-month high of $13.92. The stock has a market capitalization of $842.95, a P/E ratio of -39.35 and a beta of 2.72.
In other Career Education news, SVP John Robert Kline sold 2,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $12.12, for a total transaction of $32,724.00. Following the completion of the transaction, the senior vice president now owns 96,718 shares of the company’s stock, valued at approximately $1,172,222.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Andrew Hurst sold 3,889 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $12.81, for a total value of $49,818.09. The disclosure for this sale can be found here. 5.01% of the stock is currently owned by insiders.
Career Education Company Profile
Career Education Corporation, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company’s American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels.
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