American Public Education (APEI) in Focus: Stock Tanks 13.7%
American Public Education, Inc. (APEI) saw a big move in the last trading session, as the company’s shares fell by nearly 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for APEI, as the stock is now down nearly 17% since Jul 29.
The company, a provider of online and campus-based postsecondary education, has not seen any estimate revision over the past month, and the current year earnings consensus hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
APEI currently holds a Zacks Rank #3 (Hold).
Investors interested in the Schools industry may consider better-ranked stocks like Capella Education Co. (CPLA), Famous Dave's of America Inc. (DAVE) and Grand Canyon Education, Inc. (LOPE), each of which holds a Zacks Rank #2 (Buy).
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AMERICAN PUBLIC EDUCATION INC (APEI): Free Stock Analysis Report
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