Career Education (CECO) Receives Coverage Optimism Score of 0.14
News stories about Career Education (NASDAQ:CECO) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Career Education earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.5276999950759 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, BidaskClub cut shares of Career Education from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st.
Shares of Career Education (NASDAQ CECO) opened at $13.13 on Tuesday. The firm has a market cap of $906.51, a price-to-earnings ratio of 54.67 and a beta of 2.66. Career Education has a one year low of $7.62 and a one year high of $13.23.
In other Career Education news, SVP Andrew Hurst sold 3,889 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $12.81, for a total transaction of $49,818.09. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP John Robert Kline sold 2,700 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $12.12, for a total transaction of $32,724.00. Following the sale, the senior vice president now directly owns 96,718 shares in the company, valued at approximately $1,172,222.16. The disclosure for this sale can be found here. Insiders own 5.01% of the company’s stock.
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About Career Education
Career Education Corporation, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company’s American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels.
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