Nidec Sees Drastic Demand Decline and 2 Stocks HItting 52-Week Lows
ITT Educational Service (NYSE:ESI): Closing price $16.86
During its fourth quarter conference call, the company said it does not think that it will violate any covenants under the line of credit, or any regulatory financial metrics. Additionally, ITT says that federal cohort default rates are moving in a positive direction. Shares closed up 17.74 percent on the day at $16.86, and have been traded in a 52-week range of $13.90 to $77.00.