ITT Educational Services Inc. (NYSE:ESI) shares traded down 3.1% on Monday . The company traded as low as $2.18 and last traded at $2.18, with a volume of 79,633 shares traded. The stock had previously closed at $2.25.

Separately, Zacks Investment Research raised shares of ITT Educational Services from a “sell” rating to a “buy” rating and set a $2.50 price objective for the company in a research note on Tuesday, May 17th.

The firm has a market capitalization of $52.05 million and a price-to-earnings ratio of 2.56. The firm has a 50-day moving average price of $2.10 and a 200 day moving average price of $2.42.

ITT Educational Services (NYSE:ESI) last posted its earnings results on Thursday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.22. During the same period in the previous year, the firm earned $0.03 earnings per share. The firm had revenue of $176.30 million for the quarter, compared to analyst estimates of $179.05 million. The company’s revenue for the quarter was down 17.7% on a year-over-year basis. Equities analysts predict that ITT Educational Services Inc. will post $1.82 earnings per share for the current year.

In other news, major shareholder Yude Zhang bought 114,188 shares of ITT Educational Services stock in a transaction on Wednesday, July 27th. The stock was purchased at an average cost of $2.10 per share, with a total value of $239,794.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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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