Hailiang Education Group Inc (NASDAQ:HLG)’s share price shot up 0.3% during trading on Wednesday . The stock traded as high as $62.90 and last traded at $62.90, 724 shares traded hands during mid-day trading. A decline of 95% from the average session volume of 15,297 shares. The stock had previously closed at $62.73.
Separately, BidaskClub upgraded shares of Hailiang Education Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 31st.
The business has a 50-day moving average price of $62.54 and a 200-day moving average price of $52.37.
A hedge fund recently raised its stake in Hailiang Education Group stock. Deutsche Bank AG raised its holdings in Hailiang Education Group Inc (NASDAQ:HLG) by 21.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,500 shares of the company’s stock after acquiring an additional 264 shares during the period. Deutsche Bank AG’s holdings in Hailiang Education Group were worth $75,000 at the end of the most recent quarter. 0.72% of the stock is owned by institutional investors and hedge funds.
About Hailiang Education Group (NASDAQ:HLG)
Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates six affiliated schools that include Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, Hailiang High School of Art, Hailiang Experimental High School, and Hailiang Foreign Language School; and sixteen managed schools.
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