Tarena International Inc (NASDAQ:TEDU) saw strong trading volume on Wednesday . 105,194 shares changed hands during trading, a decline of 14% from the previous session’s volume of 122,404 shares.The stock last traded at $10.52 and had previously closed at $10.47.

A number of analysts have recently commented on the stock. Jefferies Group assumed coverage on shares of Tarena International in a research note on Saturday, July 9th. They set a “buy” rating for the company. Brean Capital restated a “buy” rating and set a $16.00 price target on shares of Tarena International in a research report on Tuesday, May 24th. Finally, Zacks Investment Research lowered shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $13.83.

The firm has a market cap of $586.50 million and a PE ratio of 23.10. The firm has a 50-day moving average price of $10.36 and a 200-day moving average price of $10.23.

Tarena International (NASDAQ:TEDU) last announced its quarterly earnings results on Monday, May 23rd. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.06. During the same quarter in the prior year, the business earned ($0.03) EPS. The company earned $41.30 million during the quarter, compared to analysts’ expectations of $39.18 million. The business’s revenue for the quarter was up 46.5% compared to the same quarter last year. Equities research analysts anticipate that Tarena International Inc will post $0.74 EPS for the current fiscal year.

An institutional investor recently raised its position in Tarena International stock. Morgan Stanley increased its position in shares of Tarena International Inc (NASDAQ:TEDU) by 4,778.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 195,238 shares of the company’s stock after buying an additional 191,236 shares during the period. Morgan Stanley owned 0.35% of Tarena International worth $2,039,000 as of its most recent filing with the SEC.

Tarena International Inc (Tarena International) is a provider of professional education services in China. Tarena International offers courses in nine IT subjects and three non-IT subjects. It has an education platform combining live distance instruction, classroom-based tutoring and online learning modules.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.