TAL Education Group ADR (NYSE:TAL) currently has a daily average trading volume of 7.16M but it saw 2078281 shares traded in last market. With a market cap of 5.62B USD, the company’s current market price of $11.44 came falling about -1.89 while comparing to the previous closing price of $11.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.52 and as low as $5.09.
Taking a look at 20-day trading activity of TAL Education Group ADR (TAL) gives us an average price of $11.91, while its current price level is -26.29% below from 52-week high level whereas it is 124.98% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.57 while that of 200 days or SMA-200 reads an average of $9.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.77% during that period while stretching the period over a month that increases to 4.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.91 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on January 25, 2024 while assigning a price target range of $10-$15.
Over the week, TAL’s stock price is moving 0.44% up while it is -14.75% when we observe its performance for the past one month. Year-to-date it is -9.42% down and over the past year, the stock is showing an upside performance of 78.47%.
The latest quarterly earnings report issued by the company was for quarter ended 11/29/2023, when its quarterly earnings per share (EPS) of $0 beaten by the consensus estimate of $0.02 for the same. For TAL, analysts are forecasting an EPS-growth rate of 300.00% for current year and estimate for EPS growth in next year is 212.50%. In next quarter, company is expected to be making quarterly sales of $373.69 million as analysts are expecting the sales for current fiscal year at $1.43 billion and seeing the company making $1.83 billion in sales next year. Moreover, analysts are in estimates of $391.29 million for current-quarter revenue.
Currently, TAL Education Group ADR’s total number of outstanding shares is 489.49M with 0.00% of that held by the insiders while 52.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.87% and return on equity (ROE) at -1.90%. It has a 72.27 of forward P/E ratio. Stock’s beta reads 0.13. Stock has a price to book (P/B) ratio of 1.55 while price to sale or P/S ratio amounts to 4.22. Its return on asset (ROA) is -1.46% on average.
