Grand Canyon Reaches New 52-Week High (LOPE)

NEW YORK ( TheStreet) -- Grand Canyon Education (Nasdaq: LOPE) hit a new 52-week high Tuesday as it is currently trading at $19, above its previous 52-week high of $18.96 with 324,257 shares traded as of 3:50 p.m. ET. Average volume has been 327,600 shares over the past 30 days.

Grand Canyon has a market cap of $816.4 million and is part of the services sector and diversified services industry. Shares are up 15% year to date as of the close of trading on Friday.

Grand Canyon Education, Inc. provides postsecondary education services in the United States and Canada. It focuses on offering graduate and undergraduate degree programs in education, healthcare, business, and liberal arts disciplines. The company has a P/E ratio of 14.9, above the average diversified services industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Grand Canyon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Grand Canyon Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

Trump Administration to Roll Back Obama-Era For-Profit Colleges Rules

Laureate Education's (LAUR) Underwhelming IPO Hasn't Scared Away Wall Street

It's Going to Take More Than Lax Regulation to Turn Around For-Profit Education Sector

Analysts' Actions -- Archer Daniels Midland, Ingersoll-Rand, Micron, Stratasys and More

Portfolio Manager's Picks: Grand Canyon Education, Seattle Genetics and Facebook