Why is Global Education falling/rising?
As of 10-Jul, Global Education Ltd's stock price is 66.86, reflecting a 2.45% increase, but it has underperformed its sector and the broader market over the past year. Despite a high return on equity, the company faces ongoing challenges with negative sales growth and declining profits, impacting its long-term outlook.
As of 10-Jul, Global Education Ltd is experiencing a price increase, currently at 66.86, reflecting a change of 1.6 or 2.45% upward. Today's price summary indicates that the stock has underperformed its sector by 1.35%, despite trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Over the past week, the stock has shown a modest gain of 0.54%, while its performance over the last month has improved by 1.86%. However, the stock has faced significant challenges, with a year-to-date decline of 6.36% and a one-year drop of 16.65%. Despite a high return on equity (ROE) of 32.80% and a low debt-to-equity ratio, the company has reported negative results for the last five consecutive quarters, which has contributed to its poor long-term growth outlook.In the broader market context, the stock's short-term performance of 0.54% over the past week contrasts with the Sensex, which has declined by 0.20%. While the stock has shown some resilience in the short term, it has significantly underperformed the market over the past year, where the BSE500 has generated a return of 1.46%. The company's negative sales growth and declining profits, alongside a low operating profit growth rate, suggest ongoing challenges that may hinder its recovery despite the recent price increase.
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