TAL Education Group (XRS) : Traders are bullish on TAL Education Group (XRS) as it has outperformed the S&P 500 by a margin of 3.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.45%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.08% in the last 1 week, and is up 10.3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TAL Education Group (NYSE:XRS): The stock opened at $63.70 on Friday but the bulls could not build on the opening and the stock topped out at $63.90 for the day. The stock traded down to $63.11 during the day, due to lack of any buying support eventually closed down at $63.59 with a loss of -0.17% for the day. The stock had closed at $63.70 on the previous day. The total traded volume was 849,656 shares.
The stock has recorded a 20-day Moving Average of 4.16% and the 50-Day Moving Average is 11.12%. TAL Education Group is up 11.84% in the last 3-month period. Year-to-Date the stock performance stands at 36.84%.
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the Peoples Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in the PRC. The Company offer tutoring services to K-12 students covering core academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese, among others, as well as, through its Mobby tutoring services, young learners tutoring services for students aged two through eight. It delivers its tutoring services primarily through small classes (including Xueersi Peiyou and Mobby tutoring services), personalized premium services and online course offerings. Its educational network consists of approximately 289 learning centers and approximately 267 service centers in 19 cities throughout China.