TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Beststudy Education Group ( (HK:3978) ) has provided an announcement.
China Beststudy Education Group announced the purchase of 202,000 shares on the open market as part of its restricted share unit (RSU) scheme. The board believes the current share price undervalues the company’s business performance, and the share purchase is intended to align the interests of key employees with those of the company, thereby creating value for shareholders. The company is confident in its business outlook and financial position, allowing it to implement this strategy while maintaining sustainable development.
The most recent analyst rating on (HK:3978) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on China Beststudy Education Group stock, see the HK:3978 Stock Forecast page.
More about China Beststudy Education Group
China Beststudy Education Group operates in the education industry, focusing on providing educational services and products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,481,972
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.58B
For detailed information about 3978 stock, go to TipRanks’ Stock Analysis page.