Ambow Education Holding Ltd (NYSEAMERICAN:AMBO)’s stock price traded down 7.4% during mid-day trading on Thursday . The company traded as low as $1.50 and last traded at $1.50, 995 shares changed hands during trading. A decline of 83% from the average session volume of 5,724 shares. The stock had previously closed at $1.62.
Ambow Education (NYSEAMERICAN:AMBO) last released its quarterly earnings results on Monday, September 9th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $24.09 million during the quarter.
An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC purchased a new position in Ambow Education Holding Ltd (NYSEAMERICAN:AMBO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,661 shares of the company’s stock, valued at approximately $51,000. Citadel Advisors LLC owned 0.06% of Ambow Education as of its most recent SEC filing.
Ambow Education Holding Ltd. provides educational and career enhancement services and products to students, recent graduates, and corporate employees and management in the People's Republic of China. The company operates through three business divisions: Better Schools, Better Jobs, and Others. The Better Schools division provides educational services covering K-12 programs and tutoring services that provide test preparation programs; and international education programs.
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