Notable News Spotlight: OneSmart International Education Group Limited (NYSE:ONE)

OneSmart International Education Group Limited (NYSE:ONE) changed 0.68% to recent value of $5.89. The stock transacted 55978 shares during most recent day however it has an average volume of 167.76K shares. It spotted trading -35.27% off 52-week high price. On the other end, the stock has been noted 1.73% away from the low price over the last 52-weeks.

On Feb.10, 2020, OneSmart International Education Group Limited (NYSE:ONE) a leading premium K-12 education company in China, released that it has appointed Mr. Jinshu Ke as Chief Education Officer, effective February 1, 2020. He will report to Mr. Xi (Steve) Zhang, Chairman and Chief Executive Officer.

Mr. Ke has served as Senior Vice President of OneSmart since August 2017. From 1999 to 2017, Mr. Ke worked as a customs official in Fujian Province where he served as Deputy Director General and Director General of Quanzhou Customs, Director of Political Department and Director of Regulation Department of Quanzhou Customs under Xiamen Customs, and a customs attorney. During his tenure in Xiamen, Mr. Ke held a number of management positions. Mr. Ke was a middle school teacher from 1992 to 1996. He received a bachelor’s degree in mathematics from the Normal College of Jimei University (Xiamen City) and a L.L.M. degree in civil and commercial law from Xiamen University. Mr. Ke is a registered lawyer in China and served as a part-time lawyer until 1997.

The Company previously announced the appointment of Mr. Yong (Todd) Liang. Mr. Liang has nearly 20 years of experience in human resource management serving in a number of senior regional and national roles in China for respected global companies including General Electric, SSL Group, Yihaodian, and Wanda Group.

ONE has a gross margin of 48.10% and an operating margin of 5.70% while its profit margin remained 6.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained 134.50% for this year while earning per share for the next 5-years is expected to reach at 4.14%.

The company has 165.68M of outstanding shares and 49.55M shares were floated in the market. According to the most recent quarter its current ratio was 0.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of -8.12% from the mean of 20 days, -12.12% from mean of 50 days SMA and performed -20.50% from mean of 200 days price. Company’s performance for the week was -1.67%, -14.88% for month and YTD performance remained -11.69%.

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