DALLAS, June 3, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Corinthian Colleges Inc. (Nasdaq:COCO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Corinthian Colleges Inc. (COCO) is a post-secondary education company in the United States and Canada, serving the segment of the population seeking to acquire career-oriented education. With more than 105,000 students as of December 31, 2010, it is one of the largest post-secondary education companies in North America. The Company offers short-term diploma programs and associates, bachelor's and master's degrees for occupations in demand. Its main program areas include healthcare, criminal justice, business, information technology, transportation technology and maintenance, and construction trades. In addition, COCO offers online degree programs that include business, accounting, criminal justice, paralegal and information technology.
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In the report, the analyst notes:
"COCO shares joined other education and training services stocks in a move higher Thursday, shored up by a favorable new government regulation. The U.S. Education Dept. yesterday issued a final ruling on gainful employment regulations, which was less strict than investors had feared for for-profit colleges."
"COCO soared by nearly 27% to a price of $5.06 yesterday, reaching an intraday high of $5.61. About 35.18 million shares have traded hands during the session, versus the 10-day average volume of 2.08 million. COCO is currently above its 50-day moving average of $4.18 and above its 200-day moving average of $4.64."
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