Shares of New Oriental Education & Technology Group (EDU) Sees Large Inflow of Net Money Flow

New Oriental Education & Technology Group (EDU) : Investors lapped up stocks on upticks to the tune of $10.88 million in the Mondays trading session. The trading value on downticks was comparatively at $8.47 million and the uptick to downtick ratio of 1.28 indicates continuous buying by the bulls. The net money flow into the stock was $2.4 million. Upticks saw transactions worth $2.08 clearly indicating buying by large investors. The total money flow for block trades stood at $2.08 million, which is a positive for the stock in the long-term. New Oriental Education & Technology Group (EDU) fell $0.38 during the day at $41.11, a drop of -0.92% over the previous days close. However, for the week, the stock is -1.41%, compared to the previous week.

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New Oriental Education & Technology Group Inc. is up 13.32% in the last 3-month period. Year-to-Date the stock performance stands at 30.99%. New Oriental Education & Technology Group Inc. has dropped 1.79% in the last five trading days, however, the shares have posted positive gains of 3.22% in the last 4 weeks.

New Oriental Education & Technology Group (NYSE:EDU): On Mondays trading session , Opening price of the stock was $41.6 with an intraday high of $41.905. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.03. However, the stock managed to close at $41.09, a loss of 0.96% for the day. On the previous day, the stock had closed at $41.49. The total traded volume of the day was 1,098,567 shares.

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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