Somewhat Positive News Coverage Somewhat Unlikely to Affect Bright Scholar Education Holdngs Ltd-ADR (BEDU) Share Price

Media headlines about Bright Scholar Education Holdngs Ltd-ADR (NASDAQ:BEDU) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bright Scholar Education Holdngs Ltd-ADR earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media coverage about the company an impact score of 49.0305670897928 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Bright Scholar Education Holdngs Ltd-ADR (NASDAQ BEDU) opened at 17.27 on Friday. The firm has a market cap of $1.76 billion and a price-to-earnings ratio of 69.92. The firm’s 50-day moving average price is $14.95 and its 200-day moving average price is $13.65. Bright Scholar Education Holdngs Ltd-ADR has a 52 week low of $10.55 and a 52 week high of $18.85.

Separately, Morgan Stanley assumed coverage on Bright Scholar Education Holdngs Ltd-ADR in a research note on Friday. They set an “overweight” rating for the company.

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Bright Scholar Education Holdngs Ltd-ADR Company Profile

Bright Scholar Education Holdings Limited is an operator of international and bilingual K-12 schools in China. The Company is engaged in providing international education to Chinese students. Its schools comprise international schools, bilingual schools and kindergartens. It offers a broad range of internationally-accredited curricula at its international schools.

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