Tarena International Inc (TEDU) Reaches New 52-Week High at $13.80
Tarena International Inc (NASDAQ:TEDU) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $13.80 and last traded at $13.62, with a volume of 256,776 shares. The stock had previously closed at $13.41.
A number of equities research analysts recently issued reports on TEDU shares. Zacks Investment Research lowered Tarena International from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Brean Capital reissued a “buy” rating and set a $16.00 price target on shares of Tarena International in a research note on Tuesday, May 24th. Jefferies Group started coverage on Tarena International in a research note on Saturday, July 9th. They set a “buy” rating for the company. Finally, TheStreet raised Tarena International from a “hold” rating to a “buy” rating in a research note on Monday, August 15th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $13.63.
The stock has a market capitalization of $760.25 million and a price-to-earnings ratio of 25.83. The firm’s 50 day moving average price is $11.50 and its 200 day moving average price is $10.71.
Tarena International (NASDAQ:TEDU) last announced its earnings results on Monday, August 15th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $55.90 million for the quarter, compared to analyst estimates of $54.66 million. On average, equities research analysts predict that Tarena International Inc will post $0.77 earnings per share for the current year.
Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.
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