AMBO Stock Surges 5.63% Amidst Market Movements

Ambow Education (AMBO, Financial) experienced a significant stock price increase of 5.63%, reaching $1.53 per share with a trading volume of 6,075 shares and a turnover rate of 0.21%. The stock's amplitude was recorded at 4.15%. Recent financial reports indicated that Ambow Education generated a revenue of $9.16 million, with a net loss of $3.18 million, leading to an earnings per share (EPS) of -$1.13 and a gross profit of $2.47 million. The price-to-earnings (P/E) ratio stands at -1.26. Currently, there are no institutional ratings for buy, hold, or sell recommendations for AMBO.

Within the education services sector, where Ambow Education operates, the overall growth was 0.55%. Notable gainers in this sector included companies like 17 Education & Technology Group Inc., NetEase Youdao, and Kindercare Learning Companies, Inc. Active stocks in this sector were Genius Group Limited, Chegg, Inc., and Visionary Holdings Inc., with turnover rates of 11.15%, 2.18%, and 0.67% respectively. Stocks with significant amplitude included 17 Education & Technology Group Inc., NetEase Youdao, and Sunlands Technology Group, with amplitudes of 19.35%, 16.51%, and 10.41% respectively.

Ambow Education Holdings Ltd. is a company offering educational and career development services in China, primarily operating through its CP&CE program, which includes tutoring and career enhancement services. The company’s operations are geographically spread across the United States and other countries.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.