CIBT Education Group (TSE:MBA) Trading 6% Higher – Here’s Why

CIBT Education Group Inc. (TSE:MBAGet Free Report) shares were up 6% on Monday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 7,500 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 11,187 shares. The stock had previously closed at C$0.42.

CIBT Education Group Stock Performance

The company has a market capitalization of C$30.05 million, a P/E ratio of -1.71 and a beta of 1.18. The company has a quick ratio of 0.10, a current ratio of 0.17 and a debt-to-equity ratio of 165.01. The company’s 50 day simple moving average is C$0.45.

About CIBT Education Group

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CIBT Education Group Inc, through its subsidiaries, operates as an education and student housing investment company in Canada and internationally. The company engages in education and real estate development businesses. It offers English as second language accredited programs, such as general English, college preparation/pathway, business English, medical English, English language test preparation, vacation English, online English; Career training college accredited programs in the fields of business management, customer service, TESOL teacher training, Interpreting and translation for Koreans, and online English teacher training.

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