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Xueda Education (NYSE:XUE)’s share price reached a new 52-week high during mid-day trading on Wednesday, AmericanBankingNews.com reports. The stock traded as high as $7.57 and last traded at $7.36, with a volume of 417,764 shares traded. The stock had previously closed at $6.87.

Xueda Education has a 52 week low of $2.63 and a 52 week high of $7.25. The stock has a 50-day moving average of $6.42 and a 200-day moving average of $4.78. The company has a market cap of $496.6 million and a P/E ratio of 37.96.

Xueda Education (NYSE:XUE) last posted its quarterly earnings results on Tuesday, November 19th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.05. The company had revenue of $79.40 million for the quarter, compared to the consensus estimate of $80.00 million. Analysts expect that Xueda Education will post $0.19 EPS for the current fiscal year.

Xueda Education Group, incorporated on April 24, 2009, is a holding company. Through its subsidiaries, it is engaged in providing tutoring services for primary and secondary school students in China with a focus on offering personalized tutoring services.

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