Tarena International Inc (NASDAQ:TEDU) shares saw an uptick in 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.

Several brokerages have recently weighed in on TEDU. Jefferies Group began coverage on Tarena International in a report on Saturday, July 9th. They set a “buy” rating on the stock. Brean Capital restated a “buy” rating and set a $16.00 target price on shares of Tarena International in a report on Tuesday, May 24th. Finally, Zacks Investment Research cut Tarena International from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Tarena International currently has an average rating of “Buy” and a consensus target price of $13.83.

The company’s 50-day moving average price is $10.35 and its 200-day moving average price is $10.23. The firm has a market cap of $573.92 million and a PE ratio of 22.61.

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

A hedge fund recently raised its stake in Tarena International stock. Morgan Stanley boosted its position in Tarena International Inc (NASDAQ:TEDU) by 4,778.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,238 shares of the company’s stock after buying an additional 191,236 shares during the period. Morgan Stanley owned about 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.

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