TAL Education Group ADR (NYSE: TAL) Now -24.94% Off Its High ($15.52), Does Analysts See Headwinds And Risks?

TAL Education Group ADR (NYSE:TAL) currently has a daily average trading volume of 7.22M but it saw 3961545 shares traded in last market. With a market cap of 5.72B USD, the company’s current market price of $11.65 came rising about 0.26 while comparing to the previous closing price of $11.62. 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 $11.54, while its current price level is -24.94% below from 52-week high level whereas it is 129.11% 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 $12.64 while that of 200 days or SMA-200 reads an average of $10.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.69% during that period while stretching the period over a month that decreases to 3.84%. 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 47.63 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 -4.59% down while it is 0.26% when we observe its performance for the past one month. Year-to-date it is -7.76% down and over the past year, the stock is showing an upside performance of 78.68%.

Currently, TAL Education Group ADR’s total number of outstanding shares is 489.49M. Company’s return on investment (ROI) stands at -1.87% and return on equity (ROE) at -1.90%. It has a 76.44 of forward P/E ratio. Stock’s beta reads 0.12. Stock has a price to book (P/B) ratio of 1.58 while price to sale or P/S ratio amounts to 4.30. Its return on asset (ROA) is -1.46% on average.