Ambow Education (NYSEAMERICAN:AMBO) Trading Down 4.5% – Here’s Why

Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) shares traded down 4.5% during mid-day trading on Thursday . The stock traded as low as $2.53 and last traded at $2.55. 3,240 shares traded hands during trading, a decline of 72% from the average session volume of 11,413 shares. The stock had previously closed at $2.67.

Ambow Education Stock Down 4.5%

The business’s fifty day simple moving average is $3.19 and its 200 day simple moving average is $3.50.

Institutional Investors Weigh In On Ambow Education

An institutional investor recently bought a new position in Ambow Education stock. Citadel Advisors LLC bought a new stake in shares of Ambow Education Holding Ltd. (NYSEAMERICAN:AMBO) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 17,667 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.62% of Ambow Education as of its most recent SEC filing. Institutional investors own 9.65% of the company’s stock.

About Ambow Education

Ambow Education (NYSEAMERICAN:AMBO) is a China-based provider of comprehensive educational services, operating through a network of subsidiaries and proprietary learning platforms. The company offers a spectrum of programs that span K-12 supplemental tutoring, vocational and professional training, and preparatory courses for English proficiency and standardized tests. Leveraging a blend of classroom instruction and online delivery, Ambow aims to enhance student outcomes through tailored curriculum design and technology-enabled teaching tools.

The company’s offerings include after-school tutoring for core academic subjects, career-focused training programs in areas such as finance, information technology and hospitality, and test-preparation services for exams including TOEFL and IELTS.