G8 Education (ASX:GEM) Shares Cross Above Fifty Day Moving Average of $2.69

G8 Education Ltd (ASX:GEM) passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.

The company has a quick ratio of 0.51, a current ratio of 0.56 and a debt-to-equity ratio of 137.86. The company has a market capitalization of $1.13 billion and a price-to-earnings ratio of 16.73. The stock’s fifty day moving average price is A$2.68 and its 200-day moving average price is A$2.98.

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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