Lincoln Educational Services Corp. (NASDAQ:LINC) was up 9.4% on Wednesday . The company traded as high as $2.84 and last traded at $2.57, with a volume of 180,405 shares traded. The stock had previously closed at $2.35.

Separately, Zacks Investment Research lowered Lincoln Educational Services Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th.

The firm has a market cap of $61.50 million, a PE ratio of 32.275 and a beta of 2.52. The firm has a 50 day moving average price of $2.03 and a 200 day moving average price of $1.97.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/lincoln-educational-services-corp-linc-trading-up-9-4.html

Lincoln Educational Services Corp. (NASDAQ:LINC) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.08. Lincoln Educational Services Corp. had a negative return on equity of 5.14% and a net margin of 0.91%. The business had revenue of $68.10 million for the quarter, compared to the consensus estimate of $41.57 million. During the same period in the previous year, the business earned ($0.33) earnings per share. The business’s revenue was down 42.1% on a year-over-year basis. Equities research analysts anticipate that Lincoln Educational Services Corp. will post ($0.03) earnings per share for the current year.

Several institutional investors have recently made changes to their positions in the stock. BlackRock Fund Advisors increased its stake in Lincoln Educational Services Corp. by 30.2% in the second quarter. BlackRock Fund Advisors now owns 71,336 shares of the company’s stock worth $107,000 after buying an additional 16,553 shares in the last quarter. Renaissance Technologies LLC increased its stake in Lincoln Educational Services Corp. by 29.8% in the first quarter. Renaissance Technologies LLC now owns 349,300 shares of the company’s stock worth $866,000 after buying an additional 80,100 shares in the last quarter. Bridgeway Capital Management Inc. increased its stake in Lincoln Educational Services Corp. by 14.9% in the second quarter. Bridgeway Capital Management Inc. now owns 579,905 shares of the company’s stock worth $870,000 after buying an additional 75,000 shares in the last quarter. Vanguard Group Inc. increased its stake in Lincoln Educational Services Corp. by 2.0% in the second quarter. Vanguard Group Inc. now owns 711,150 shares of the company’s stock worth $1,067,000 after buying an additional 14,089 shares in the last quarter. Finally, Nantahala Capital Management LLC increased its stake in Lincoln Educational Services Corp. by 5.9% in the first quarter. Nantahala Capital Management LLC now owns 2,151,049 shares of the company’s stock worth $5,335,000 after buying an additional 120,404 shares in the last quarter. Institutional investors and hedge funds own 57.17% of the company’s stock.

Lincoln Educational Services Corp. Company Profile

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

5 Day Chart for NASDAQ:LINC

Receive News & Ratings for Lincoln Educational Services Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services Corp. and related companies with MarketBeat.com's FREE daily email newsletter.