TAL Education Group ADR (NYSE:TAL) price on Thursday, May 09, rose 1.74% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $13.16.
A look at the stock’s price movement, the level at last check in today’s session was $12.94. Turning to its 52-week performance, $15.52 and $5.28 were the 52-week high and 52-week low respectively. Overall, TAL moved 11.85% over the past month.
TAL Education Group ADR’s market cap currently stands at around $6.46 billion.
Analysts have a consensus estimate of 392.52M for the company’s revenue for the quarter, with a low and high estimate of 382.9M and 416M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.02B, representing a 35.00% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TAL is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
TAL’s current price about 6.91% and 7.59% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.48, while 7-day volatility ratio is 4.68% and 4.94% in the 30-day chart. Further, TAL Education Group ADR (TAL) has a beta value of 0.07, and an average true range (ATR) of 0.61.
If we refocus on TAL Education Group ADR (NYSE:TAL), historical trading data shows that trading volumes averaged 6.85 million over the past 3 months. The company’s latest data on shares outstanding shows there are 489.49 million shares.
The 0.51% of TAL Education Group ADR’s shares are in the hands of company insiders while institutional holders own 50.78% of the company’s shares. Current price change has pushed the stock 4.24% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TAL stock continues to rise going into the next quarter.
