A Reversal for China Distance Education Holdings Limited (DL) Is Not Near. The Stock Declines Again

Investors sentiment decreased to 0.63 in 2019 Q2. Its down 0.62, from 1.25 in 2019Q1. It is negative, 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.
Van Berkom & reported 0.05% in China Distance Education Holdings Limited (NYSE:DL). Wellington Llp reported 1.54M shares. Wells Fargo Communication Mn reported 1.88 million shares. Morgan Stanley reported 0% of its portfolio in China Distance Education Holdings Limited (NYSE:DL). Glenmede Tru Na has invested 0% in China Distance Education Holdings Limited (NYSE:DL). Fil reported 1.26 million shares or 0.01% of all its holdings. Aperio Grp Incorporated Ltd Liability holds 414 shares or 0% of its portfolio. Sensato Ltd Llc owns 0.48% invested in China Distance Education Holdings Limited (NYSE:DL) for 298,619 shares. Rathbone Brothers Public Ltd Liability Corp stated it has 15,000 shares. Renaissance Technologies Limited Liability Co accumulated 319,500 shares. Barclays Public Ltd Liability Co invested in 0% or 277 shares. Dimensional Fund Advisors L P reported 88,378 shares stake. 45,259 are held by State Street. Herald Limited reported 206,473 shares.

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 $11.07M 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 Businesswire.com with their article: “Senseonics Publishes Eversense┬« CGM Real-World Data from First U.S. Users – Business Wire” published on August 21, 2019, Finance.Yahoo.com published: “Is It Too Late To Consider Buying China Distance Education Holdings Limited (NYSE:DL)? – Yahoo Finance” on July 08, 2019. More interesting news about China Distance Education Holdings Limited (NYSE:DL) were released by: Finance.Yahoo.com and their article: “Should You Consider China Distance Education Holdings Limited (NYSE:DL)? – Yahoo Finance” published on June 18, 2019 as well as Seekingalpha.com‘s news article titled: “China Distance Education Holdings Ltd (DL) CEO Zhengdong Zhu on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 14, 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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