Hailiang Education Group (NASDAQ:HLG) Raised to “Hold” at BidaskClub

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BidaskClub upgraded shares of Hailiang Education Group (NASDAQ:HLG) from a sell rating to a hold rating in a report published on Saturday morning, BidAskClub reports.

Separately, ValuEngine raised Hailiang Education Group from a sell rating to a hold rating in a research report on Thursday, April 2nd.

NASDAQ:HLG opened at $49.50 on Friday. Hailiang Education Group has a twelve month low of $31.85 and a twelve month high of $75.43. The stock’s 50 day moving average price is $43.46 and its two-hundred day moving average price is $52.74.

An institutional investor recently raised its stake in Hailiang Education Group stock. State Street Corp lifted its holdings in shares of Hailiang Education Group Inc (NASDAQ:HLG) by 42.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,707 shares of the company’s stock after acquiring an additional 1,398 shares during the quarter. State Street Corp’s holdings in Hailiang Education Group were worth $280,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.82% of the company’s stock.

Hailiang Education Group Company Profile

Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates six affiliated schools that include Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, Hailiang High School of Art, Hailiang Experimental High School, and Hailiang Foreign Language School; and sixteen managed schools.

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