Highest Level of Cash in the Education Services Industry Detected in Shares of New Oriental Education & Technology (EDU, APOL, DV, BPI, CPLA)
Below are the three companies in the Education Services industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
New Oriental Education & Technology ranks highest with a CE of $1,000. Following is Apollo Group with a CE of $794. DeVry ranks third highest with a CE of $440.
Bridgepoint Education follows with a CE of $265, and Capella Education rounds out the top five with a CE of $170.
SmarTrend recommended that subscribers consider buying shares of New Oriental Education & Technology on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $30.63. Since that recommendation, shares of New Oriental Education & Technology have risen 34.0%. We continue to monitor New Oriental Education & Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash new oriental education & technology APollo Group DeVry bridgepoint education capella education