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China Education Sets 52-Week Closing High On 3X Volume
(Comtex Business Via Thomson Dialog NewsEdge)(financialwire.net via COMTEX) --March 2, 2006 (FinancialWire) China Education Resources (TSX Venture: CHN) gained 1.01% on volume of 102,800, which was three times its average 29,083, to close at $1.00, a new 52-week closing high.
China Education Resources is enrolled in Investrend Research affiliate Fundamental Research Corp.'s professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company's commitment to transparency and Good Governance.
On May 25, 2005, Fundamental Research analyst Amit Bandekar issued a 'Speculative Buy' rating and a Fair Value of $1.20 on China Education.
Fundamental Research Corp (http://www.fundamentalresearchcorp.com) is an independent equity research firm dedicated to providing institutional-quality, fundamental research on smaller-cap and under-followed companies. Their investment philosophy is value-based.
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