Career Stock Hits New 52-Week Low (CECO)

NEW YORK ( TheStreet) -- Career Education Corporation (Nasdaq: CECO) hit a new 52-week low Wednesday as it is currently trading at $5.86, below its previous 52-week low of $5.88 with 492,428 shares traded as of 11:35 a.m. ET. Average volume has been one million shares over the past 30 days.

Career has a market cap of $422.9 million and is part of the services sector and diversified services industry. Shares are down 18.1% year to date as of the close of trading on Tuesday.

Career Education Corporation operates colleges, schools, and universities that provide educational services in career-oriented disciplines worldwide.

TheStreet Ratings rates Career as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Career Ratings Report.

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

If you liked this article you might like

Kamich's 10 Stocks Under $10

5 Stocks Under $10 Set to Soar

3 Stocks Under $10 Making Big Breakout Moves

Insider Trading Alert - FMNB, CECO And NFX Traded By Insiders

Declines at For-Profit Colleges Take a Big Toll on Their Stocks