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Education Management Corp. (NASDAQ:EDMC) shares reached a new 52-week low during trading on Thursday , reports. The stock traded as low as $2.81 and last traded at $2.90, with a volume of 333,200 shares changing hands. The stock had previously closed at $3.97.

Separately, analysts at BMO Capital Markets upgraded shares of Education Management Corp. from an “underperform” rating to a “market perform” rating in a research note on Friday, February 7th.

The stock has a 50-day moving average of $4.35 and a 200-day moving average of $8.52. The company’s market cap is $357.6 million.

Education Management Corp. (NASDAQ:EDMC) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.02. The company had revenue of $595.20 million for the quarter, compared to the consensus estimate of $592.26 million. Analysts expect that Education Management Corp. will post $0.19 EPS for the current fiscal year.

Education Management Corporation (NASDAQ:EDMC) is a provider of post-secondary education in North America, with approximately 151,200 enrolled students as of October 2011.

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