Is Legacy Education Inc (AMEX:LGCY) A Strong Comeback Candidate At 0.62% Off Its High?

In last trading session, Legacy Education Inc (AMEX:LGCY) saw 0.14 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $8.10 trading at $0.24 or 3.05% at ring of the bell on the day assigns it a market valuation of $96.15M. That closing price of LGCY’s stock is at a premium of 0.62% from its 52-week high price of $8.05 and is indicating a premium of 55.56% from its 52-week low price of $3.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.11 million shares which gives us an average trading volume of 105.36K if we extend that period to 3-months.

Legacy Education Inc (AMEX:LGCY) trade information

Upright in the green during last session for gaining 3.05%, in the last five days LGCY remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $8.10 price level, adding 1.82% to its value on the day. Legacy Education Inc’s shares saw a change of 101.49% in year-to-date performance and have moved 9.46% in past 5-day. Legacy Education Inc (AMEX:LGCY) showed a performance of 59.45% in past 30-days. Number of shares sold short was 16999.0 shares which calculate 0.2 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 8.25 to the stock, which implies a rise of 1.82% to its current value. Analysts have been projecting 8.25 as a low price target for the stock while placing it at a high target of 8.25. It follows that stock’s current price would drop -1.85% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.85% for stock’s current value.

Legacy Education Inc (LGCY) estimates and forecasts

And 2 analysts are in estimates of company making revenue of 12.94M in the next quarter.

Legacy Education Inc (AMEX:LGCY)’s Major holders

Insiders are in possession of 32.53% of company’s total shares while institution are holding 18.03 percent of that, with stock having share float percentage of 26.72%. Investors also watch the number of corporate investors in a company very closely, which is 18.03% institutions for Legacy Education Inc that are currently holding shares of the company.