Ambow Education (NYSEAMERICAN:AMBO) Shares Down 4.2% – Here’s What Happened

by · The Markets Daily

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Get Free Report)’s stock price traded down 4.2% during mid-day trading on Thursday . The company traded as low as $2.72 and last traded at $2.72. 8,058 shares changed hands during trading, a decline of 64% from the average session volume of 22,351 shares. The stock had previously closed at $2.84.

Ambow Education Price Performance

The company’s fifty day moving average is $3.55 and its 200 day moving average is $3.50.

Hedge Funds Weigh In On Ambow Education

A hedge fund recently bought a new stake in Ambow Education stock. Citadel Advisors LLC purchased a new stake in Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned approximately 0.62% of Ambow Education at the end of the most recent quarter. Institutional investors and hedge funds own 9.65% of the company’s stock.

About Ambow Education

(Get Free Report)

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.

See Also