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An update from China Beststudy Education Group ( (HK:3978) ) is now available.
China Beststudy Education Group announced a voluntary purchase of 68,000 shares as part of its Restricted Share Unit (RSU) Scheme, which was originally adopted in December 2018. The board believes the current share price undervalues the company’s business performance and sees this as an opportunity to align the interests of key employees with those of the company, thereby creating value for shareholders. The company remains confident in its business outlook and financial position, enabling it to continue sustainable development while implementing the share purchase.
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 within 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: 1,526,109
Technical Sentiment Signal: Buy
Current Market Cap: HK$4B
See more insights into 3978 stock on TipRanks’ Stock Analysis page.