New Oriental Education & Technology Group (EDU) : Investors lapped up stocks on upticks to the tune of $1.01 million in the Wednesdays trading session. The trading value on downticks was comparatively at $0.54 million and the uptick to downtick ratio of 1.87 indicates continuous buying by the bulls. The net money flow into the stock was $0.47 million. Upticks saw transactions worth $0 clearly indicating buying by large investors. The total money flow for block trades stood at $0 million, which is a positive for the stock in the long-term. New Oriental Education & Technology Group (EDU) fell $0.65 during the day at $46.52, a drop of -1.38% over the previous days close. However, for the week, the stock is -1.67%, compared to the previous week.
New Oriental Education & Technology Group Inc. has dropped 0.79% in the last five trading days, however, the shares have posted positive gains of 15.94% in the last 4 weeks. New Oriental Education & Technology Group Inc. is up 11.91% in the last 3-month period. Year-to-Date the stock performance stands at 48.87%.
New Oriental Education & Technology Group (EDU) : Zacks Investment Research ranks New Oriental Education & Technology Group (EDU) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 5 research analysts is 1.1, which indicates as a Strong Buy.
New Oriental Education & Technology Group (NYSE:EDU): stock was range-bound between the intraday low of $45.96 and the intraday high of $47.255 after having opened at $47.2 on Wednesdays session. The stock finally closed in the red at $47.2, a loss of -1.00%. The stock remained in the red for the whole trading day. The total traded volume was 679,458 shares. The stock failed to cross $47.255 in Wednesdays trading. The stocks closing price on Thursday was $47.17.
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.