China Distance Education (DL) Upgraded to “Buy” by ValuEngine
ValuEngine upgraded shares of China Distance Education (NYSE:DL) from a hold rating to a buy rating in a research report sent to investors on Friday morning.
China Distance Education (NYSE DL) opened at $8.84 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $291.07, a P/E ratio of 18.40 and a beta of 1.63. China Distance Education has a 52-week low of $6.61 and a 52-week high of $12.48.
The company also recently announced a special dividend, which will be paid on Thursday, January 18th. Stockholders of record on Friday, January 12th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, January 11th. China Distance Education’s dividend payout ratio is currently 97.83%.
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China Distance Education Company Profile
China Distance Education Holdings Limited is a holding company. The Company is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company’s segments include online education services, business start-up training services and the sale of learning simulation software.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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