Short Interest in Legacy Education Inc. (NYSEAMERICAN:LGCY) Rises By 13.3%

Legacy Education Inc. (NYSEAMERICAN:LGCY) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 59,042 shares, a growth of 13.3% from the March 31st total of 52,095 shares. Based on an average daily volume of 40,638 shares, the short-interest ratio is presently 1.5 days. Currently, 0.6% of the company’s stock are sold short.

Legacy Education Price Performance

LGCY opened at $11.02 on Friday. The business’s 50-day moving average is $13.04 and its two-hundred day moving average is $11.04. Legacy Education has a 1 year low of $6.51 and a 1 year high of $14.70. The firm has a market capitalization of $138.96 million, a PE ratio of 18.07 and a beta of 1.25.

Legacy Education (NYSEAMERICAN:LGCY) last posted its earnings results on Thursday, February 12th. The company reported $0.15 earnings per share (EPS) for the quarter. Legacy Education had a return on equity of 19.46% and a net margin of 11.02%.The company had revenue of $19.18 million for the quarter. As a group, sell-side analysts expect that Legacy Education will post 0.67 EPS for the current year.

Legacy Education Company Profile

The Company owns and operates the following career institutions that focus on real-life training by utilizing educational practices in different job markets: High Desert Medical College (“HDMC”), Central Coast College (“CCC”), and Integrity College of Health (“Integrity”). HDMC has three campuses located in Lancaster, California, Bakersfield, California and Temecula, California. HDMC offers the following certificate or degree programs: ultrasound technician (“UT”), vocational nursing (“VN”), VN Associate of Applied Science, Associate Degree of Nursing, nursing assistant, Magnetic Resonance Imaging (“MRI”) Associate of Applied Science, cardiac sonography, pharmacy technician, dental assisting, clinical medical assisting and medical administrative assisting programs (including medical billing and coding programs), veterinary assistant, UT Associate of Applied Science degree, phlebotomy technician and nursing assistant avocational courses, and a number of continuing education programs.