New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) currently has a daily average trading volume of 1.24M but it saw 1200347 shares traded in last market. With a market cap of 8.02B USD, the company’s current market price of $49.07 came rising about 3.61 while comparing to the previous closing price of $47.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $87.26 and as low as $40.66.
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 3.28% up while it is 0.39% when we observe its performance for the past one month. Year-to-date it is -23.54% down and over the past year, the stock is showing a downside performance of -36.56%.
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 44.60% 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 20.68 while having a 14.45 of forward P/E ratio. Stock’s beta reads 0.25. Stock has a price to book (P/B) ratio of 2.18 while price to sale or P/S ratio amounts to 1.67. Its return on asset (ROA) is 5.35% on average.
