Is It Time To Review Stock News? RYB Education (NYSE:RYB)

Is It Time To Review Stock News? RYB Education (NYSE:RYB)

RYB Education (NYSE:RYB) spotted trading -68.05% off 52-week high price. On the other end, the stock has been noted 22.77% away from the low price over the last 52-weeks. The stock changed 2.77% to recent value of $6.88. The stock transacted 31606 shares during most recent day however it has an average volume of 25.44K shares. The company has 28.16M of outstanding shares and 15.95M shares were floated in the market.

On Aug.21, 2019, RYB Education (NYSE:RYB) a leading early childhood education service provider in China, disclosed its unaudited financial results for the second quarter of 2019.

Second Quarter 2019 Operational and Financial Summary

  • Number of students enrolled at directly operated facilities was 30,478 as of June 30, 2019, compared with 23,526 as of June 30, 2018.
  • Net revenues were $53.6 million, compared with $47.5 million for the second quarter of 2018.
  • Gross profit was $11.9 million, compared with $15.9 million for the second quarter of 2018.
  • Net income attributable to ordinary shareholders of RYB for the second quarter of 2019 was $2.9 million, compared with $4.7 million for the second quarter of 2018. Adjusted net income attributable to ordinary shareholders [1] of RYB for the second quarter of 2019 was $3.9 million, compared with $6.9 million for the second quarter of 2018.
  • Cash used in operating activities was $2.9 million in the second quarter of 2019, compared with $10.6 million cash used in operating activities for the second quarter of 2018.
  • First Six Months of 2019 Financial Highlights
  • Net revenues were $87.8 million, compared with $76.2 million for the first six months of 2018.
  • Gross profit was $13.8 million, compared with $16.5 million for the first six months of 2018.
  • Net income attributable to ordinary shareholders of RYB was $0.6 million, compared with $2.0 million for the same period of 2018. Adjusted net income attributable to ordinary shareholders of RYB was $2.7 million, compared with $6.0 million for the same period of 2018.
  • Cash generated from operating activities was $10.3 million, versus $5.3 million of cash used in operating activities for the same period of 2018.

Its earnings per share (EPS) expected to touch remained -124.70% for this year while earning per share for the next 5-years is expected to reach at 46.26%. RYB has a gross margin of 16.60% and an operating margin of 0.10% while its profit margin remained -0.90% for the last 12 months.

According to the most recent quarter its current ratio was 0.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of 11.61% from the mean of 20 days, 7.29% from mean of 50 days SMA and performed -9.47% from mean of 200 days price. Company’s performance for the week was 12.34%, 8.27% for month and YTD performance remained 17.72%.

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William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. Address: 4831 Elk Street, Irvine, California, USA Phone number: 949-757-9251 Email: William@surveypaid.info 

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