Tarena International Inc (TEDU) Stock Price Down 4%
Tarena International Inc (NASDAQ:TEDU)’s share price was down 4% during trading on Wednesday . The company traded as low as $12.54 and last traded at $13.00, with a volume of 578,207 shares traded. The stock had previously closed at $13.54.
A number of equities analysts recently commented on TEDU shares. Jefferies Group reiterated a “buy” rating and issued a $13.40 price target on shares of Tarena International in a research note on Tuesday, August 16th. TheStreet raised shares of Tarena International from a “hold” rating to a “buy” rating in a report on Monday, August 15th. Brean Capital reissued a “buy” rating and issued a $16.00 target price on shares of Tarena International in a report on Tuesday, May 24th. Finally, Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a report on Saturday, August 27th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Tarena International has an average rating of “Buy” and a consensus target price of $13.63.
The firm’s 50 day moving average price is $11.87 and its 200-day moving average price is $10.88. The firm has a market cap of $740.15 million and a P/E ratio of 25.14.
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 company had revenue of $55.90 million for the quarter, compared to analyst estimates of $54.66 million. Equities 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.