Tarena International Inc (TEDU) Trading Up 3.2%
Tarena International Inc (NASDAQ:TEDU) shares were up 3.2% during mid-day trading on Friday . The company traded as high as $13.54 and last traded at $13.51, with a volume of 564,864 shares changing hands. The stock had previously closed at $13.09.
A number of research analysts recently issued reports on TEDU shares. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a research note on Saturday, August 27th. Jefferies Group reiterated a “buy” rating and issued a $13.40 target price on shares of Tarena International in a research note on Tuesday, August 16th. Brean Capital reiterated a “buy” rating and issued a $16.00 target price on shares of Tarena International in a research note on Tuesday, May 24th. Finally, TheStreet upgraded shares of Tarena International from a “hold” rating to a “buy” rating in a research note on Monday, August 15th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $13.63.
The firm has a market cap of $754.67 million and a price-to-earnings ratio of 25.64. The company has a 50 day moving average price of $11.99 and a 200 day moving average price of $10.90.
Tarena International (NASDAQ:TEDU) last released its earnings results on Monday, August 15th. The company reported $0.13 earnings per share 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 forecast that Tarena International Inc will post $0.77 EPS 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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