Tarena International Inc (NASDAQ:TEDU) fell 1% during trading on Friday . The stock traded as low as $9.87 and last traded at $10.37, with a volume of 179,932 shares changing hands. The stock had previously closed at $10.47.

Several research firms have commented on TEDU. Zacks Investment Research downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Brean Capital reiterated a “buy” rating and set a $16.00 price target on shares of Tarena International in a research report on Tuesday, May 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $13.83.

The firm’s 50 day moving average is $10.31 and its 200 day moving average is $10.24. The company has a market cap of $579.39 million and a PE ratio of 22.82.

Tarena International (NASDAQ:TEDU) last released its quarterly earnings data on Monday, May 23rd. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.06. The business earned $41.30 million during the quarter, compared to the consensus estimate of $39.18 million. During the same quarter in the previous year, the business posted ($0.03) earnings per share. Tarena International’s quarterly revenue was up 46.5% compared to the same quarter last year. On average, equities analysts predict that Tarena International Inc will post $0.74 EPS for the current year.

A hedge fund recently raised its stake in Tarena International stock. Morgan Stanley raised its stake in 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 firm 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 at the end of the most recent quarter.

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.

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