Bright Scholar Education Holdings Limited (NYSE:BEDU) stock identified change of 25.77% away from 52-week low price and recently located move of -40.26% off 52-week high price. It has market worth of $888.01M and dividend yield of 1.44%. BEDU stock has been recorded 2.40% away from 50 day moving average and -19.22% away from 200 day moving average. Moving closer, we can see that shares have been trading 7.83% off 20-day moving average.
On May 08, 2020, Bright Scholar Education Holdings Limited (NYSE:BEDU) a global premier education service company, declared changes to the Company’s management structure and senior leadership team to better support Bright Scholar’s multi-facet growth strategy and expanding global business. The changes are effective immediately.
Having led Bright Scholar as the Chief Executive Officer (CEO) since January 2019, Mr. Derek Feng has decided to step down for personal reasons. We thank Derek for his efforts to enhance the operational strength of the Company, establishing a solid foundation that will support our future expansion, said Ms. Huiyan Yang, Chairlady of the board of directors of Bright Scholar (the Board).
The Board has decided to split the role of the CEO into two, each heading up one of the Company’s core China-based business units: domestic K-12 education and complementary education service. Ms. Wanmei Li will be promoted to CEO for domestic K-12 education business, and Mr. Zi Chen promoted to CEO for complementary education service business.
In addition, Mr. Jerry He, current Executive Vice Chairman of the Board, will take the lead managing the Company’s overseas school business and the development of education technology business. He will also work closely with Ms. Wanmei Li and Mr. Zi Chen to ensure synergy across all business units and seamless execution of Bright Scholar’s strategy.
The Consumer Defensive sector company, Bright Scholar Education Holdings Limited noticed change of 8.96% to $6.93 along volume of 61780 shares in recent session compared to an average volume of 45.47K shares. The stock observed return of 9.13% in 5 days trading activity. The stock was at 2.82% over one month performance. BEDU’s shares are at -24.59% for the quarter and driving a -38.24% return over the course of the past year and is now at -21.52% since this point in 2018.
The average volatility for the week at 4.83% and for month was at 4.56%. There are 128.14M shares outstanding and 21.11M shares are floated in market.