Stride Inc. (NYSE:LRN) traded today at a new 52-week high of $42.41. So far today approximately 2.2 million shares have been exchanged, as compared to an average 30-day volume of 635,000 shares.
Over the past year, Stride Inc. has traded in a range of $25.65 to $42.41 and is now at $42.32, 65% above that low.
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.
Stride Inc. (NYSE:LRN) defies analysts with a current price ($42.32) 27.7% above its average consensus price target of $30.62.
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