GHC Stock Surges Amidst Education Sector Decline

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Oct 14, 2024
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Graham Holdings (GHC, Financial) experienced a notable stock movement with a 1.50% increase in its share price. The stock is currently valued at $807.62 with a trading volume of 2,402 shares and a turnover rate of 0.05%. The stock has shown a price fluctuation of 0.21% recently.

According to the latest financial reports, Graham Holdings generated a revenue of $1.185 billion but reported a net loss of $21.09 million, equating to an earnings per share of -$4.79. The company recorded a gross profit of $321 million and a price-to-earnings ratio of 26.32. There are currently no institutional ratings for Graham Holdings in terms of buy, hold, or sell recommendations.

The broader education services sector, which Graham Holdings is a part of, has seen an overall decline of 0.19%. In this sector, stocks like Genius Group Limited, ATA Creativity Global, and Jinhui Health Technology have made significant gains. Other active stocks include Chegg, Inc., Ambow Education, and Stride, with turnover rates of 2.25%, 1.31%, and 1.17%, respectively. Notably, Ambow Education, Genius Group Limited, and ATA Creativity Global showed substantial volatility, with amplitude rates of 10.31%, 8.86%, and 8.51%.

Graham Holdings is a diversified company operating through various subsidiaries, primarily in education and media. Its business segments include education services, television broadcasting, online print and local news, home health and hospice care, and manufacturing. A significant portion of its revenue is derived from Kaplan International, covering higher education, test preparation, language instruction, and professional training. Additionally, advertising revenue from the television broadcasting segment contributes substantially to the company’s income.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.