Puxin (NYSE:NEW) Shares Up 3.6%

Puxin Limited (NYSE:NEW) shares shot up 3.6% during mid-day trading on Tuesday . The stock traded as high as $6.01 and last traded at $6.01, 225 shares changed hands during mid-day trading. A decline of 100% from the average session volume of 151,238 shares. The stock had previously closed at $5.80.

Several research firms have issued reports on NEW. Goldman Sachs Group lowered Puxin from a “buy” rating to a “neutral” rating and set a $28.43 target price on the stock. in a research note on Tuesday, May 7th. DA Davidson raised Puxin from a “neutral” rating to a “buy” rating in a research note on Thursday, May 2nd.

The company has a quick ratio of 0.39, a current ratio of 0.40 and a debt-to-equity ratio of 1.43. The company has a 50 day moving average of $6.03.

Puxin (NYSE:NEW) last issued its quarterly earnings results on Monday, May 20th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $91.74 million for the quarter. Puxin had a negative return on equity of 89.64% and a negative net margin of 31.06%.

Puxin Company Profile (NYSE:NEW)

Puxin Limited, through its subsidiaries, provides after-school education services in China. It offers a range of K-12 and study-abroad tutoring programs designed to help students prepare for admission tests and applications for top schools, universities, and graduate programs in China and other countries.

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