Dimensional Fund Advisors LP raised its position in China Distance Education Holdings Ltd (NYSE:DL) by 35.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 64,396 shares of the technology company’s stock after acquiring an additional 16,686 shares during the period. Dimensional Fund Advisors LP owned approximately 0.19% of China Distance Education worth $533,000 as of its most recent filing with the SEC.
Shares of DL stock traded up $0.06 during trading hours on Friday, reaching $7.27. The company had a trading volume of 14,023 shares, compared to its average volume of 15,357. China Distance Education Holdings Ltd has a 12 month low of $6.34 and a 12 month high of $10.71. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $242.02 million, a PE ratio of 17.58 and a beta of 1.38.
China Distance Education (NYSE:DL) last posted its earnings results on Tuesday, November 20th. The technology company reported $0.36 earnings per share for the quarter. China Distance Education had a return on equity of 17.89% and a net margin of 6.98%. The company had revenue of $53.63 million for the quarter.
China Distance Education Company Profile
China Distance Education Holdings Limited provides online and offline education services, and sells related products in the People’s Republic of China. It operates in three segments: Professional Education Services, Business Start-Up Training Services, and The Sale of Learning Simulation Software.
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