Hailiang Education Group (NASDAQ:HLG) Stock Rating Upgraded by BidaskClub

Hailiang Education Group (NASDAQ:HLG) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday, BidAskClub reports.

Shares of HLG stock traded down $1.82 during trading on Wednesday, hitting $60.81. 615 shares of the stock traded hands, compared to its average volume of 12,054. The firm’s fifty day moving average price is $58.76. Hailiang Education Group has a 52-week low of $30.25 and a 52-week high of $82.22.

An institutional investor recently raised its position in Hailiang Education Group stock. Deutsche Bank AG increased its position in shares of Hailiang Education Group Inc (NASDAQ:HLG) by 21.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,500 shares of the company’s stock after buying an additional 264 shares during the quarter. Deutsche Bank AG’s holdings in Hailiang Education Group were worth $75,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.93% of the company’s stock.

Hailiang Education Group Company Profile

Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates six affiliated schools that include Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, Hailiang High School of Art, Hailiang Experimental High School, and Hailiang Foreign Language School; and sixteen managed schools.

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