Large Outflow of Money Witnessed in New Oriental Education & Technology Group

New Oriental Education & Technology Group (NYSE:EDU) managed to eke out gains of 0.18% in intraday trade. The share price increased by 0.07 points to $39.88. Till last observation, the net money flow was recorded at a negative $(-3.39) million. The total inflow of $4.22 million in upticks was completely overshadowed by an outflow of $7.61 million in downticks, giving the up/down ratio a value of 0.55. The shares have seen a change of 2.31% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $3.94 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-3.94) million.

Shares of New Oriental Education & Technology Group Inc. rose by 2.67% in the last five trading days and 1.01% for the last 4 weeks. New Oriental Education & Technology Group Inc. is up 11.48% in the last 3-month period. Year-to-Date the stock performance stands at 27.57%.

Institutional Investors own 79.07% of New Oriental Education & Technology Group shares. .

New Oriental Education & Technology Group (NYSE:EDU) rose 0.53% or 0.21 points on Friday and made its way into the gainers of the day. After trading began at $39.66 the stock was seen hitting $40.59 as a peak level and $39.54 as the lowest level. The stock ended up at $40.02. The daily volume was measured at 1,639,243 shares. The 52-week high of the share price is $43.58 and the 52-week low is $18.09. The company has a market cap of $6,263 million.

New Oriental Education & Technology Group Inc. is a provider of private educational services in the Peoples Republic of China (the PRC). The Company offers a range of educational programs, services and products, consisting primarily of English and other foreign language training, test preparation courses for admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. The Company operates through six segments: language training and test preparation, primary and secondary school education, online education, content development and distribution, post-secondary education and overseas study consulting services. All of the Companys schools, learning centers and bookstores operate under its New Oriental brand.

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