Lincoln Educational Services Corportion Stock Gaps Up On Today's Open (LINC)
Shares of Lincoln Educational Services Corportion (Nasdaq:LINC) were gapping up Thursday morning with an open price 16% higher than Wednesday's closing price. The stock closed at $14.59 yesterday and opened today's trading at $16.92.
NEW YORK ( TheStreet) -- Shares of Lincoln Educational Services Corportion (Nasdaq: LINC) were gapping up Thursday morning with an open price 16% higher than Wednesday's closing price. The stock closed at $14.59 Wednesday and opened today's trading at $16.92. The average volume for Lincoln Educational Services Corportion has been 180,000 shares per day over the past 30 days. Lincoln Educational Services Corportion has a market cap of $330.4 million and is part of the services sector and diversified services industry. Shares are down 5.9% year to date as of the close of trading on Wednesday. Lincoln Educational Services Corporation provides career-oriented post-secondary education services in the United States. The company has a P/E ratio of 5.4, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Lincoln Educational Services Corportion as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Lincoln Educational Services Corportion Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.
Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Lincoln Educational Services Corp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/31/14. As a percentage of LINC's recent stock price of $3.02, this dividend works out to approximately 0.66%, so look for shares of Lincoln Educational Services Corp to trade 0.66% lower — all else being equal — when LINC shares open for trading on 12/11/14.