Fundamental Research Reaffirms Buy Rating for CIBT Education Group (OTCMKTS:MBAIF)

CIBT Education Group (OTCMKTS:MBAIF)‘s stock had its “buy” rating reiterated by stock analysts at Fundamental Research in a research report issued to clients and investors on Wednesday, reports. They presently have a $1.45 price objective on the stock. Fundamental Research’s target price suggests a potential upside of 168.52% from the company’s current price.

Shares of OTCMKTS:MBAIF opened at $0.54 on Wednesday. The firm has a market cap of $41.37 million, a price-to-earnings ratio of 27.01 and a beta of 0.99. The business has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.49. CIBT Education Group has a fifty-two week low of $0.38 and a fifty-two week high of $0.56. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.61 and a current ratio of 0.62.

CIBT Education Group (OTCMKTS:MBAIF) last issued its quarterly earnings results on Monday, December 2nd. The company reported $0.01 earnings per share for the quarter. The business had revenue of $16.81 million for the quarter. CIBT Education Group had a net margin of 1.96% and a return on equity of 0.70%.

CIBT Education Group Company Profile

CIBT Education Group Inc, through its subsidiaries, operates as an education and student housing investment company. The company owns and operates a network of business, technical, and language colleges in North America and Asia. It provides Western and Chinese accredited business and management programs in college preparation, healthcare, hotel management and tourism, English language training, and English teacher certifications, as well as junior and high school preparation programs for overseas study, and other career/vocational training.

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