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

Separately, Zacks Investment Research downgraded shares of ITT Educational Services from a “hold” rating to a “sell” rating in a report on Monday, May 2nd.

The company’s 50 day moving average price is $1.93 and its 200-day moving average price is $2.56. The stock has a market capitalization of $46.69 million and a P/E ratio of 2.81.

ITT Educational Services (NYSE:ESI) last issued its quarterly earnings data 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 period in the previous year, the firm posted $0.44 earnings per share. The business earned $191.50 million during the quarter, compared to the consensus estimate of $190.85 million. The business’s revenue for the quarter was down 16.7% on a year-over-year basis. On average, equities research analysts predict that ITT Educational Services Inc. will post $0.43 EPS for the current fiscal year.

In related news, major shareholder Yude Zhang acquired 206,092 shares of the business’s stock in a transaction on Friday, July 1st. The stock was bought at an average cost of $1.94 per share, with a total value of $399,818.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

An institutional investor recently raised its position in ITT Educational Services stock. Globeflex Capital L P raised its position in shares of ITT Educational Services Inc. (NYSE:ESI) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 1.30% of ITT Educational Services worth $1,148,000 at the end of the most recent reporting period.

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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