James Samford stated in a report that Apollo Group Inc (NASDAQ:APOL) was one of the weakest S&P 500 stocks, plunging 3.6 percent. A Citigroup analyst cautioned investors to remain careful concerning the stock given its uncertain view. They remain careful on accreditation doubt and deteriorating enrollment trends.
Shares of Best Buy Co., Inc. (NYSE:BBY) plunged 3.8 percent, one of the weakest stocks in the S&P 500 for a second straight session. Scott Tilghman at B. Riley & Co. reported on Tuesday lifted its price target to $21 from $14 other than at the similar time; he recommended investors relax shares because of a lack of near-term product catalysts.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes New Oriental Education & Tech Grp (ADR) (NYSE:EDU) up +3.20%, ITT Educational Services, Inc. (NYSE:ESI) edged up +5.10%, Career Education Corp. (NASDAQ:CECO) which also increased +4.15% and Bridgepoint Education Inc (NYSE:BPI) closed up +0.30%.
Apollo Group Inc (NASDAQ:APOL) stock’s trade at beginning with a price of $17.13 and throughout the trading session climbed at a high of $17.45 other than when day-trade ended the stock finally declined -2.14% to $17.38.
The stock is going forward its 52 week low with +8.76% and lagging behind from its 52 week high price with -57.03%. APOL last month stock price volatility remained 3.41%.
APOL stock institutional ownership remained 96.08% while insider ownership included 3.45%. In its share capital APOL has 112.54 million outstanding shares among them 96.98 million shares have been floated in market exchange.
Company’s beta coefficient included 0.36. Beta factors measures the amount of market risk associated with market trade.
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