ITT Educational Services (ESI) : Traders are bullish on ITT Educational Services (ESI) as it has outperformed the S&P 500 by a wide margin of 8.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.21% in the last 1 week, and is up 9.22% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
ITT Educational Services Inc. has dropped 10.36% during the last 3-month period . Year-to-Date the stock performance stands at -39.68%. The stock has recorded a 20-day Moving Average of 4.41% and the 50-Day Moving Average is 12%.
ITT Educational Services (NYSE:ESI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.20 and $2.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.25, notching a gain of 2.27% for the day. The total traded volume was 196,314 . The stock had closed at $2.20 on the previous day.
ITT Educational Services, Inc. is a provider of postsecondary degree programs in the United States. The Company had approximately 144 college locations in 39 states and offered one or more of its online programs to students who are located in all 50 states. The Company offers master, bachelor and associate degree programs to around 53,000 students and short-term information technology and business learning solutions for career advancers and other professionals. The Company designs its education programs, after consultation with employers and other constituents, to allow graduates prepare for careers in different fields involving their areas of study. The Company provides career-oriented education programs under the ITT Technical Institute name and the Daniel Webster College name. The Companys education programs also include general education courses in the humanities, composition, mathematics, the sciences and the social sciences.