Shares of Stride Inc. (NYSE:LRN) traded at a new 52-week high today of $35.96. So far today approximately 234,000 shares have been exchanged, as compared to an average 30-day volume of 452,000 shares.
In the past 52 weeks, shares of Stride Inc. have traded between a low of $20.39 and a high of $35.96 and is now at $35.68, which is 75% above that low price.
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Based on a current price of $35.68, Stride Inc. is currently 2.1% above its average consensus analyst price target of $34.92.
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