Puxin Limited (NYSE:NEW) shares fell to a low of $1.89 before closing at $1.93. Intraday shares traded counted 1.62 million, which was -166.63% lower than its 30-day average trading volume of 609.35K. NEW’s previous close was $2.16 while the outstanding shares total 87.23M. The firm has a 12-month trailing P/E ratio of 25.39. The stock’s Relative Strength Index (RSI) is 33.21, with weekly volatility at 20.12% and ATR at 0.30. The NEW stock’s 52-week price range has touched low of $1.71 and a $12.39 high. The stock traded lower over the last trading session, losing -10.65% on 05/28/21.
Investors have identified the Education & Training Services company Puxin Limited as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $188.91 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Puxin Limited (NEW) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For NEW, the company has in raw cash 121.45 million on their books with 90.56 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 167.12 million total, with 431.33 million as their total liabilities.
Potential earnings growth for Puxin Limited (NEW)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/26/2021 quarter of the year, Puxin Limited recorded a total of 104.82 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -1.23% coming in sequential stages and their sales for the 08/26/2021 quarter reducing by -25.11%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 58.76 million trying to sell their products during the last quarter, with the result yielding a gross income of 46.06 million. This allows shareholders to hold on to 87.23M with the recently reported earning now reading 0.07 cents per share. This is a figure that compared to analyst’s prediction for their 08/26/2021.
Is the stock of NEW attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 0.29%.