NEW YORK, July 31, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Apollo Education Group Inc. (NASDAQ: APOL), New Oriental Education and Technology Group Inc. (NYSE: EDU), ITT Educational Services Inc. (NYSE: ESI), Chegg Inc. (NYSE: CHGG), and Career Education Corporation (NASDAQ: CECO). Free research report on Apollo Education Group can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=APOL On Thursday, July 30, 2015, the NASDAQ Composite ended at 5,128.79, up 0.33%, the Dow Jones Industrial Average edged 0.03% lower, to finish the day at 17,745.98, and the S&P 500 closed flat at 2,108.63. During the session four out of nine sectors ended in positive. Register for your complimentary reports at the links given below.
On Thursday, shares in Apollo Education Group Inc. ended the session 1.06% higher at $13.29. The stock reported a trading volume of 1.74 million shares, below its three months average volume of 1.93 million shares. Shares of the company traded at a PE ratio of 18.21. Although, Apollo Education Group Inc.'s shares have advanced 3.18% in the last one month, it has lost 20.85% in the previous three months and 61.04% on YTD basis. The stock is trading 12.80% below its 50-day moving average and 42.53% below its 200-day moving average. Moreover, shares of Apollo Education Group Inc. have a Relative Strength Index (RSI) of 36.86. Sign up and read the free notes on APOL at:
New Oriental Education and Technology Group Inc.'s stock edged 0.13% lower, to close the day at $22.72. The stock recorded a trading volume of 0.26 million shares, much below its three months average volume of 1.55 million shares. Over the last one month and over the past three months, New Oriental Education and Technology Group Inc.'s shares have declined 7.34% and 11.22%, respectively. However, the stock has advanced 11.32% since the start of this year. The company's shares are trading 1.96% above their 200-day moving average. Additionally, New Oriental Education and Technology Group Inc. traded at a PE ratio of 18.03 and has an RSI of 42.19. The complimentary notes on EDU can be downloaded in PDF format at:
On Thursday, shares in ITT Educational Services Inc. recorded a trading volume of 2.67 million shares, higher than their three months average volume of 1.64 million shares. The stock has plummeted 31.22%, to end the day at $3.90. Shares of the company traded at a PE ratio of 2.57. ITT Educational Services Inc.'s stock has lost 1.76% in the last one month, 26.14% in the previous three months and 59.42% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 5.95% and 42.83%, respectively. Furthermore, shares of ITT Educational Services Inc. have an RSI of 42.22. Register for free on Equity Research Institute and access the latest research on ESI at:
Chegg Inc.'s stock edged 0.74% higher, to close Thursday's session at $8.16. The stock recorded a trading volume of 0.32 million shares, below its three months average volume of 0.66 million shares. Over the last one month and the previous three months, Chegg Inc.'s shares have advanced 4.08% and 9.83%, respectively. Additionally, the stock has gained 18.09% since the start of this year. The company is trading 3.10% and 10.43% above its 50-day and 200-day moving averages, respectively. Furthermore, Chegg Inc.'s stock has an RSI of 56.17. The complete research on CHGG is available for free at:
Career Education Corp.'s stock finished Thursday's session 3.36% lower at $3.16. A total of 0.49 million shares were traded, which was below its three months average volume of 0.63 million shares. Over the last one month and the previous three months, Career Education Corp.'s shares have lost 4.24% and 24.76%, respectively. Additionally, the stock has plummeted 54.60% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 12.77% and 37.49%, respectively. Career Education Corp.'s stock has an RSI of 36.88. Free in-depth research on CECO is available at:
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ERI has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
ERI has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ERI nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.equityresearchinstitute.com.
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.