The trading price of TAL Education Group ADR (NYSE:TAL) closed higher on Tuesday, April 23, closing at $12.19, 2.01% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $15.52 and a 52-week low of $5.09. Over the past month, the stock has gained 2.78% in value.
TAL Education Group ADR, whose market valuation is $5.99 billion at the time of this writing, is expected to release its quarterly earnings report Apr 25, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest TAL has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that TAL’s price is currently 5.94% off the SMA20 and -3.24% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.77, and weekly volatility stands at 4.20%. When measured over the past 30 days, the indicator reaches 3.90%. TAL Education Group ADR (NYSE:TAL)’s beta value is currently sitting at 0.11, while the Average True Range indicator is currently displaying 0.54.
To see how TAL Education Group ADR stock has been performing in comparison to its peers in the industry, here are the numbers: TAL stock’s performance was 2.01% in the latest trading, and 96.93% in the past year.
An evaluation of the daily trading volume of TAL Education Group ADR (NYSE:TAL) indicates that the 3-month average is 7.24 million.
Currently, records show that 489.49 million of the company’s shares remain outstanding. The insiders hold 0.51% of outstanding shares, whereas institutions hold 52.28%. However, since the stock’s price has seen -3.48% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
