Tarena International Inc (TEDU) Reaches New 52-Week High at $13.80
Tarena International Inc (NASDAQ:TEDU) shares reached a new 52-week high 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 research analysts recently weighed in on the company. Zacks Investment Research downgraded Tarena International from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Jefferies Group reaffirmed a “buy” rating and set a $13.40 price target on shares of Tarena International in a research note on Tuesday, August 16th. Brean Capital reaffirmed a “buy” rating and set a $16.00 price target on shares of Tarena International in a research note on Tuesday, May 24th. Finally, TheStreet raised 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 sell rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $13.63.
The company has a 50 day moving average of $11.31 and a 200 day moving average of $10.66. The company has a market capitalization of $769.19 million and a PE ratio of 26.13.
Tarena International (NASDAQ:TEDU) last announced its quarterly earnings data on Monday, August 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.03. The company had revenue of $55.90 million for the quarter, compared to the consensus estimate of $54.66 million. On average, analysts predict 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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