|Bid||5.78 x 0|
|Ask||5.79 x 0|
|Day's range||5.78 - 5.79|
|52-week range||3.87 - 5.83|
|Beta (3Y monthly)||0.09|
|PE ratio (TTM)||N/A|
|Earnings date||6 Aug. 2019|
|Forward dividend & yield||0.17 (3.01%)|
|1y target est||5.06|
Spare a thought for short-sellers as several in this group may have found themselves on the wrong side of the market after the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index jumped to around an 11-year high.
Shares in Navitas soared after the education services provider came under a takeover offer by a consortium including private equity, a superannuation fund and a former CEO. The bid is by a consortium of BGH Capital, AustralianSuper and Rodney Jones, a former CEO of Navitas. AustralianSuper currently holds 5.4% of Navitas and Rodney Jones 12.6%.
Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. Navitas is one of Australia’s large-cap stocks thatRead More...