Lincoln Educational Services Stock Hits New 52-Week Low (LINC)
Lincoln Educational Services Corporation (Nasdaq:LINC) hit a new 52-week low Tuesday as it is currently trading at $7.36, below its previous 52-week low of $7.51 with 3,636 shares traded as of 9:30 a.m. ET. Average volume has been 360,900 shares over the past 30 days.
NEW YORK ( TheStreet) -- Lincoln Educational Services Corporation (Nasdaq: LINC) hit a new 52-week low Tuesday as it is currently trading at $7.36, below its previous 52-week low of $7.51 with 3,636 shares traded as of 9:30 a.m. ET. Average volume has been 360,900 shares over the past 30 days. Lincoln Educational Services has a market cap of $183 million and is part of the services sector and diversified services industry. Shares are down 51.5% year to date as of the close of trading on Monday. Lincoln Educational Services Corporation provides career-oriented post-secondary education services in the United States. The company has a P/E ratio of 3.3, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Lincoln Educational Services as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Lincoln Educational Services Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.
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.