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ITT Educational to shut institutes, lay off over 8000 employees

(ESI) recently recorded 15.48 percent change and now at $0.36 is 23.45 percent away from its 52-week low and down -91.27 percent versus its peak. The latest trading activity showed that the Denbury Resources Inc price went down -33.33% from its 52-week low and trades up 272.09% versus its 52-week high.

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Kinross Gold Corporation (NYSE:KGC) traded 17.63 Million shares on last trading day with closing price of $4.41. 1 analysts hold “Sell” rating for the stock. ITT Educational Services Inc.’s (ESI) is a part of Services sector and belongs to Education & Training Services industry. Analysts had estimated an EPS of $0.19. (NYSE:ESI)’s earnings per share growth ratio for the past 5 years was noted as -38.8% while revenue increase for the past 5 years was -11.6%. The average numbers of shares are traded in a security per day, during the recent 3-month period.

ITT Educational Services Inc.is a provider of postsecondary degree programs in the United States. Company gross margin stands at 12.90% whereas its return on investment (ROI) is -15.20%.

ITT Technical Institute will cease all of its academic operations, eliminating most of its 8,000 employees effective today, after the government last month banned the for-profit college chain from enrolling new students who receive federal aid. Now the company has earned “Buy” from 0 equity analysts. Recently, analysts have updated the mean rating to 4.5. It has a past 5-day performance of -34.91 percent and trades at an average volume of 1M shares. Kinross has now repaid all immediate debt, with no maturities due until 2020 given that the maturity dates of the company’s $500 million term loan and $1,500 million revolving credit facility have been extended by a year, to Aug 10, 2020 and Aug 10, 2021, respectively.

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The stock has received different recommendations from Financial Analysts, according to data provided by FactSet. The stock volatility for week was 35.69% while for month was 16.36%.The stock, as of last close, traded 23.45% to its 52 week low and was changed -91.27% from its 52 week high. 0 analysts assign “Sell” rating for the stock. “Underperform” verdict was shared by 2 analyst and “Overweight” recommendation was issued by 0 analyst.

PiperJaffray Downgrades ITT Educational Services to Underweight