Investors Are Waking Up To Perdoceo Education Corporation (NASDAQ: PRDO) After Rising 53.25% Over The Past 12 Months

Perdoceo Education Corporation (NASDAQ:PRDO) currently has a daily average trading volume of 415.04K but it saw 864990 shares traded in last market. With a market cap of 1.78B USD, the company’s current market price of $27.11 came falling about -5.90 while comparing to the previous closing price of $28.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.47 and as low as $16.12.

Taking a look at 20-day trading activity of Perdoceo Education Corporation (PRDO) gives us an average price of $28.38, while its current price level is -7.99% below from 52-week high level whereas it is 68.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $27.40 while that of 200 days or SMA-200 reads an average of $24.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.66% during that period while stretching the period over a month that decreases to 2.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.84 which implies that the stock is in neutral territory.

Over the week, PRDO’s stock price is moving -4.51% down while it is -2.02% when we observe its performance for the past one month. Year-to-date it is 2.42% up and over the past year, the stock is showing an upside performance of 53.25%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0.66 while estimate for next year EPS is 2.41. In next quarter, company is expected to be making quarterly sales of $205.09M as analysts are expecting the sales for current fiscal year at $823.06M and seeing the company making $864.21M in sales next year. Moreover, analysts are in estimates of $207.97M for current-quarter revenue.

Currently, Perdoceo Education Corporation’s total number of outstanding shares is 65.72M with 6.63% of that held by the insiders while 98.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.69% and return on equity (ROE) at 16.39%. It has a price to earnings ratio (P/E ratio) of 12.34 while having a 11.30 of forward P/E ratio. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 1.86 while price to sale or P/S ratio amounts to 2.62. Its return on asset (ROA) is 12.99% on average.