Grand Canyon Education Inc [NASDAQ: LOPE] loss -2.43% on the last trading session, reaching $174.32 price per share at the time.
If compared to the average trading volume of 208.09K shares, LOPE reached a trading volume of 150186 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Grand Canyon Education Inc [LOPE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LOPE shares is $199.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LOPE stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barrington Research have made an estimate for Grand Canyon Education Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 03, 2023. While these analysts kept the previous recommendation, Berenberg raised their target price from $110 to $86. The new note on the price target was released on January 28, 2022, representing the official price target for Grand Canyon Education Inc stock.
The Average True Range (ATR) for Grand Canyon Education Inc is set at 6.20, with the Price to Sales ratio for LOPE stock in the period of the last 12 months amounting to 4.85. The Price to Book ratio for the last quarter was 6.42, with the Price to Cash per share for the same quarter was set at 11.30. Price to Free Cash Flow for LOPE in the course of the last twelve months was 19.81 with Quick ratio for the last quarter at 3.78.
Trading performance analysis for LOPE stock
Grand Canyon Education Inc [LOPE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.35. With this latest performance, LOPE shares gained by 2.25% in over the last four-week period, additionally plugging by 29.67% over the last 6 months – not to mention a rise of 33.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LOPE stock in for the last two-week period is set at 51.11, with the RSI for the last a single of trading hit 51.53, and the three-weeks RSI is set at 50.91 for Grand Canyon Education Inc [LOPE]. The present Moving Average for the last 50 days of trading for this stock 175.42, while it was recorded at 175.45 for the last single week of trading, and 157.88 for the last 200 days.
Grand Canyon Education Inc [LOPE]: A deeper dive into fundamental analysis
Grand Canyon Education Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.78 and a Current Ratio set at 3.78.
An analysis of Institutional ownership at Grand Canyon Education Inc [LOPE]
There are presently around $98.20%, or 100.34%% of LOPE stock, in the hands of institutional investors. The top three institutional holders of LOPE stocks are: VANGUARD GROUP INC with ownership of 2.97 million shares, which is approximately 10.0827%. BLACKROCK INC., holding 2.95 million shares of the stock with an approximate value of $$412.41 million in LOPE stocks shares; and BLACKROCK INC., currently with $$225.88 million in LOPE stock with ownership which is approximately 5.513%.
