Idp Education (ASX:IEL) Reaches New 12-Month High at $17.53

Idp Education Ltd (ASX:IEL) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as A$17.53 ($12.43) and last traded at A$17.42 ($12.35), with a volume of 702029 shares. The stock had previously closed at A$16.71 ($11.85).

The stock has a market capitalization of $4.63 billion and a PE ratio of 75.14. The company has a debt-to-equity ratio of 41.12, a current ratio of 1.34 and a quick ratio of 1.22.

In related news, insider Gregory West sold 24,617 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of A$15.30 ($10.85), for a total transaction of A$376,541.63 ($267,050.80). Also, insider Andrew Barkla sold 280,000 shares of the stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of A$14.81 ($10.50), for a total value of A$4,145,680.00 ($2,940,198.58). Insiders have sold 322,352 shares of company stock worth $4,797,291 in the last three months.

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Idp Education Company Profile (ASX:IEL)

IDP Education Limited engages in the placement of students into education institutions in Asia, Australasia, and internationally. Its services include counselling, application processing, pre-departure guidance, examinations, English language teaching, client relations, digital marketing, online students recruitment, and shared services.

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