Trade Grand Canyon Education Inc - LOPE CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.6
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02237 %(-$1.12)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02237%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00015 %($0.01)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: 0.00015%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02237 %
  (-$1.12)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00015 %
  ($0.01)

Key Stats

• Prev. Close: 121.91
• Open: 120.63
• 1-Year Change: -32.53%
• Day's Range: 114.85 - 120.63

Trade Grand Canyon Education Inc - LOPE

About Grand Canyon Education Inc

Grand Canyon Education, Inc. is an education services company that is primarily serving colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include a learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services and field experience counseling. Its marketing and communication services include lead acquisition, digital communications strategy, brand identity, media planning and strategy, video, business intelligence and data science, and market research. Its back-office services include finance and accounting, human resource, audit and procurement.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Grand Canyon Education Inc revenues increased 6% to $896.6M. Net income increased 1% to $260.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Other increase of 11% to $182.8M (expense), Interest income on Secured Note decrease of 12% to $52.1M (income).

Equity composition

Common Stock $0.01 Par, 12/10, 100M auth., 45,811,000 issd., less 50,000 shs. in Treas. @ $782K. Insiders own approx. 8.36%. IPO: 11/20/2008, 10.5M shares @ $12 per shares by Credit Suisses Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated.