CIBT Education Group (TSE:MBA) Share Price Passes Below 200 Day Moving Average of $0.46

CIBT Education Group Inc. (TSE:MBA – Get Rating) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.46 and traded as low as C$0.40. CIBT Education Group shares last traded at C$0.40, with a volume of 20,000 shares.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$1.42 target price on shares of CIBT Education Group and gave the stock a “buy” rating in a research note on Tuesday, March 14th.

CIBT Education Group Stock Performance

The company has a debt-to-equity ratio of 165.01, a quick ratio of 0.10 and a current ratio of 0.17. The business’s fifty day simple moving average is C$0.42 and its 200-day simple moving average is C$0.46. The firm has a market capitalization of C$27.01 million, a PE ratio of -1.54 and a beta of 1.18.

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.