(LGCY) Legacy Education - Ratings and Ratios

Legacy Education Inc. is a education services provider catering to students, recent high school graduates, and working parents across the United States, with a primary focus on healthcare and business-related vocational training. The companys diverse portfolio includes programs in medical imaging, nursing, dental assisting, and administrative specialties, among others. By offering a range of certificate and degree programs, Legacy Education Inc. aims to equip students with the skills required to succeed in their chosen fields.

Operating through six academic institutions in California, including High Desert Medical College, Central Coast College, Contra Costa Medical Career College, and Integrity College of Health, the company has established a strong regional presence. With its headquarters in Temecula, California, and incorporated in 2020, Legacy Education Inc. has quickly become a notable player in the education sector. The companys website (https://www.legacyed.com) provides further information on its programs and services.

From a technical analysis perspective, the stock has demonstrated a positive trend, with its last price of $9.08 exceeding both its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $6.99 and $6.91, respectively. The stocks 200-day simple moving average (SMA200) is $7.10, indicating a longer-term uptrend. The average true range (ATR) is $0.46, representing a volatility of 5.06%. Given the current technical indicators and fundamental data, including a market capitalization of $106.82M USD and a price-to-earnings ratio of 16.62, it is likely that the stock will continue its upward trajectory, potentially reaching the 52-week high of $9.68 in the near term.

Based on the available and , a forecast for Legacy Education Inc. (LGCY) suggests that the stock may experience a moderate increase in value, driven by its strong presence in the education sector and favorable technical indicators. With a return on equity (RoE) of 65.46%, the company demonstrates a high level of profitability. As the demand for vocational training and healthcare education continues to grow, Legacy Education Inc. is well-positioned to capitalize on this trend, potentially leading to further stock price appreciation.