ITT Educational Services Inc. (NYSE:ESI)’s share price was up 3.5% during trading on Thursday . The company traded as high as $2.07 and last traded at $2.06, with a volume of 111,902 shares traded. The stock had previously closed at $1.99.

Separately, Zacks Investment Research cut ITT Educational Services from a “buy” rating to a “hold” rating in a research report on Monday, July 4th.

The company has a market capitalization of $47.63 million and a PE ratio of 2.86. The stock has a 50 day moving average price of $1.94 and a 200 day moving average price of $2.57.

ITT Educational Services (NYSE:ESI) last issued its earnings results on Friday, April 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.02. During the same quarter in the prior year, the business posted $0.44 EPS. The business earned $191.50 million during the quarter, compared to analysts’ expectations of $190.85 million. The company’s revenue was down 16.7% on a year-over-year basis. Equities analysts forecast that ITT Educational Services Inc. will post $0.43 EPS for the current fiscal year.

In other ITT Educational Services news, major shareholder Yude Zhang acquired 206,092 shares of the business’s stock in a transaction dated Friday, July 1st. The shares were acquired at an average price of $1.94 per share, for a total transaction of $399,818.48. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

A hedge fund recently raised its stake in ITT Educational Services stock. Globeflex Capital L P raised its stake in shares of ITT Educational Services Inc. (NYSE:ESI) by 1.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 307,651 shares of the company’s stock after buying an additional 3,213 shares during the period. Globeflex Capital L P owned about 1.30% of ITT Educational Services worth $1,148,000 at the end of the most recent quarter.

ITT Educational Services, Inc is a provider of postsecondary degree programs in the United States. The Company offers master, bachelor and associate degree programs to over 45,000 students, and short-term information technology and business learning solutions for career advancers and other professionals.

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