What’s in China Distance Education Holdings Limited (DL) After Today’s Huge Decline?

Investors sentiment decreased to 0.63 in Q2 2019. Its down 0.62, from 1.25 in 2019Q1. It dived, as 4 investors sold China Distance Education Holdings Limited shares while 4 reduced holdings. 1 funds opened positions while 4 raised stakes. 6.74 million shares or 1.36% less from 6.83 million shares in 2019Q1 were reported.
Renaissance Technologies Limited Liability reported 319,500 shares. Wells Fargo & Mn accumulated 1.88 million shares or 0% of the stock. Dimensional Fund Advsr Lp has invested 0% of its portfolio in China Distance Education Holdings Limited (NYSE:DL). 1.26 million were accumulated by Fil Ltd. Sensato Invsts Limited Co holds 298,619 shares. Herald Mgmt accumulated 206,473 shares or 0.29% of the stock. Glenmede Tru Com Na stated it has 0% of its portfolio in China Distance Education Holdings Limited (NYSE:DL). 344,670 were accumulated by Van Berkom And Assocs Inc. Wellington Group Limited Liability Partnership reported 1.54M shares. Rathbone Brothers Public Limited Co reported 0% stake. Aperio Group Incorporated Limited Company reported 414 shares. Barclays Public Limited Com accumulated 277 shares. The New York-based Morgan Stanley has invested 0% in China Distance Education Holdings Limited (NYSE:DL). State Street owns 45,259 shares for 0% of their portfolio.

The stock of China Distance Education Holdings Limited (NYSE:DL) is a huge mover today! The stock decreased 4.76% or $0.235 during the last trading session, reaching $4.7. About 227,428 shares traded or 916.26% up from the average. China Distance Education Holdings Limited (NYSE:DL) has declined 31.55% since September 13, 2018 and is downtrending. It has underperformed by 31.55% the S&P500.
The move comes after 5 months negative chart setup for the $157.70 million company. It was reported on Sep, 13 by Barchart.com. We have $4.37 PT which if reached, will make NYSE:DL worth $11.04M less.

Analysts await China Distance Education Holdings Limited (NYSE:DL) to report earnings on November, 19. They expect $0.33 earnings per share, down 8.33 % or $0.03 from last year’s $0.36 per share. DL’s profit will be $11.07 million for 3.56 P/E if the $0.33 EPS becomes a reality. After $0.28 actual earnings per share reported by China Distance Education Holdings Limited for the previous quarter, Wall Street now forecasts 17.86 % EPS growth.

More notable recent China Distance Education Holdings Limited (NYSE:DL) news were published by: Finance.Yahoo.com which released: “DL vs. YELP: Which Stock Is the Better Value Option? – Yahoo Finance” on June 20, 2019, also Prnewswire.com with their article: “Mayo Clinic at the Heart of Healthcare With Rising Number of Innovative Collaborations – PRNewswire” published on September 12, 2019, Seekingalpha.com published: “Xeris Pharma’s Gvoke: Strong Approval Chances, But This Is A Highly Competitive Space – Seeking Alpha” on September 06, 2019. More interesting news about China Distance Education Holdings Limited (NYSE:DL) were released by: Prnewswire.com and their article: “China Distance Education Holdings Limited to Report Second Quarter Fiscal Year 2019 Financial Results on Wednesday, May 15, 2019 – PRNewswire” published on May 16, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Consider China Distance Education Holdings Limited (NYSE:DL)? – Yahoo Finance” with publication date: June 18, 2019.

China Distance Education Holdings Limited provides online and offline education services, and sells related products in the People's Republic of China. The company has market cap of $157.70 million. It operates through three divisions: Online Education Services, Business Start-Up Training Services, and The Sale of Learning Simulation Software. It has a 9.13 P/E ratio. The firm offers online professional education services in accounting, healthcare, and engineering and construction industries; and other professional education courses, such as online test-preparation courses for the national judicial examination and self-taught learners pursuing higher education diplomas or degrees, test preparation courses for university students, accounting practical skills training courses, and online language courses.

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