New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) currently has a daily average trading volume of 1.64M but it saw 912725 shares traded in last market. With a market cap of 7.62B USD, the company’s current market price of $46.59 came falling about -2.35 while comparing to the previous closing price of $47.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $88.45 and as low as $40.66.
Taking a look at 20-day trading activity of New Oriental Education & Technology Group Inc. ADR (EDU) gives us an average price of $46.30, while its current price level is -47.33% below from 52-week high level whereas it is 14.58% 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 $47.20 while that of 200 days or SMA-200 reads an average of $58.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.52% during that period while stretching the period over a month that increases to 3.56%. 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 47.68 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 24, 2025 while assigning a price target of $50. Morgan Stanley also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $83 and $52.
Over the week, EDU’s stock price is moving -4.68% down while it is 13.03% when we observe its performance for the past one month. Year-to-date it is -27.41% down and over the past year, the stock is showing a downside performance of -43.98%.
Currently, New Oriental Education & Technology Group Inc. ADR’s total number of outstanding shares is 163.53M with 2.09% of that held by the insiders while 47.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.36% and return on equity (ROE) at 10.36%. It has a price to earnings ratio (P/E ratio) of 19.64 while having a 13.74 of forward P/E ratio. Stock’s beta reads 0.27. Stock has a price to book (P/B) ratio of 2.07 while price to sale or P/S ratio amounts to 1.59. Its return on asset (ROA) is 5.35% on average.
