Favorable Media Coverage Somewhat Unlikely to Impact RISE Education Cayman (REDU) Stock Price

Media stories about RISE Education Cayman (NASDAQ:REDU) have been trending positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RISE Education Cayman earned a news impact score of 0.33 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.8260355426359 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

RISE Education Cayman (REDU) traded up $0.01 during trading on Tuesday, hitting $10.07. The company had a trading volume of 223,200 shares, compared to its average volume of 922,433. RISE Education Cayman has a 52 week low of $9.50 and a 52 week high of $17.86.

Separately, Morgan Stanley initiated coverage on RISE Education Cayman in a research report on Tuesday, November 14th. They set an “overweight” rating and a $15.50 price target for the company.

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RISE Education Cayman Company Profile

RISE Education Cayman Ltd is a holding company. The Company, through its subsidiaries, offers after-school English teaching and tutoring services to students aged three to 18. It operates in China’s junior English Language Training (ELT) market. Its offers three flagship courses, including Rise Start, Rise On and Rise Up, that are designed for students aged three to six, seven to twelve and 13 to 18, respectively.

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