Stock That Is Worth Exploring Now: TAL Education Group ADR (NYSE: TAL)

TAL Education Group ADR (NYSE:TAL) does about 6.90M shares in volume on a normal day but saw 4324529 shares change hands in Monday’s trading. The company now has a market cap of 6.70B USD. Its current market price is $13.65, marking an increase of 1.71% compared to the previous close of $13.42. The 52 week high reached by this stock is $15.52 whilst the lowest price level in 52 weeks is $5.28.

TAL Education Group ADR (TAL) has a 20-day trading average at $12.57 and the current price is -12.05% off the 52-week high compared with 158.52% distance from its 52-week low. The 50-day simple moving average of the closing price is $12.17 and its 200-day simple moving average is $10.59. If we look at the stock’s price movements over the week, volatility stands at 4.30%, which increases to 4.87% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 60.76 to suggest the stock is neutral.

The consensus objective for the share price is $16.41, suggesting that the stock has a potential upside of 16.82% over the period.

JP Morgan also upgraded the stock to “Overweight” from Neutral on January 25, 2024 at a price target of $10-$15.

TAL Education Group ADR (TAL) stock is up 3.88% over the week and 16.67% over the past month. Its price is 8.08% year-to-date and 125.62% over the past year.

To reach the target analysts have set, the stock logically needs to grow 16.82 percent from here.

The company has a return on investment of -0.09% and return on equity of -0.10%. The forward price to earnings ratio is 37.81. The beta has a value of 0.08. Price to book ratio is 1.85 and price to sales ratio is 4.50.