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TheStreet Wire

Corinthian Colleges Stock Hits New 52-Week Low (COCO)

By TheStreet Wire 08/04/11 - 02:45 PM EDT

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NEW YORK (TheStreet) -- Corinthian Colleges (Nasdaq:COCO) hit a new 52-week low Thursday as it is currently trading at $3.72, below its previous 52-week low of $3.76 with 1.2 million shares traded as of 2:15 p.m. ET. Average volume has been 2.5 million shares over the past 30 days.

Corinthian Colleges has a market cap of $335.1 million and is part of the services sector and diversified services industry. Shares are down 24.4% year to date as of the close of trading on Wednesday.

Corinthian Colleges, Inc. operates as a post-secondary career education company in the United States and Canada. The company offers various diploma programs, as well as associate's, bachelor's, and master's degrees.

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TheStreet Ratings rates Corinthian Colleges as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Corinthian Colleges Ratings Report.

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