K12 Inc. (NYSE:LRN) shares were up 3.3% during mid-day trading on Thursday . The company traded as high as $12.36 and last traded at $12.34, with a volume of 68,578 shares. The stock had previously closed at $11.95.

A number of research analysts have issued reports on LRN shares. First Analysis raised shares of K12 from an “equal weight” rating to an “overweight” rating and set a $14.00 price target for the company in a report on Wednesday, August 10th. Barrington Research reaffirmed a “market perform” rating on shares of K12 in a report on Friday, July 15th. Finally, TheStreet raised shares of K12 from a “sell” rating to a “hold” rating in a report on Friday, July 8th.

The firm has a 50 day moving average price of $12.40 and a 200-day moving average price of $11.42. The firm has a market cap of $469.74 million and a PE ratio of 54.39.

K12 (NYSE:LRN) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $221.30 million for the quarter, compared to analysts’ expectations of $210.13 million. The business’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 EPS. Equities research analysts forecast that K12 Inc. will post $0.43 EPS for the current fiscal year.

K12 Inc (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a range of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families.

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