EQUITIES.COM: Education Management Corp (EDMC) Hits New 52-week Low During June 23 Session

Career College Central Summary:

  • Education Management Corp (EDMC) established a new 52-week low yesterday, and could be a company to watch at the open. After opening at $0.15, Education Management Corp dropped to $0.13 for a new 52-week low. By the closing bell, the company's stock was at $0.13 a share for a loss of 10.71%.
  • Falling to a new 52-week low is never fun for company's shareholder, but, depending on who you ask, it can be either a buy or a sell signal. Someone bearish on the stock might see it reaching its lowest price in a year as a sign of growing downward momentum and make sure they sell their shares. Bulls, though, are more likely to see a new 52-week low as the stock hitting its low point and anticipate a bounce in the share price.
  • However one plays it, it's often a critical moment for any stock and should be noted by investors.
  • Education Management Corp saw 32,694 shares of its stock trade hands, that's out of 126.06 million shares outstand. The stock has an average daily volume of 25,512 shares. After hitting a new 52-week low, Education Management Corp enters the new trading day with a market cap of 15.76 million, a 50-day SMA of $0.21 and a 200-day SMA of $0.42
  • For a full analysis of Education Management Corp, check out Equities.com's E.V.A. report.
  • Education Management Corp has n/a employees, is led by CEO , and makes its home in , .
  • Education Management Corp is also a component of the Russell 2000 Index, which is generally viewed as the most reliable indicator of the health of the broader small-cap market. Using a rules-based methodology, it creates a simple, unbiased view of how America's stable of smaller publicly traded companies are performing in the stock markets.

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