New Oriental Education & Technology Group Inc. (EDU) posted a 21.40% change over the last five days signaling a new trend

June 21, 2022, New Oriental Education & Technology Group Inc. (NYSE: EDU) trading session started at the price of $19.91, that was -3.76% drop from the session before. During the day, the shares moved up to $20.78 and dropped to $19.20 before settling in for the closing price of $21.57. A 52-week range for EDU has been $8.40 – $88.10.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 23.70%. When this article was written, the company’s average yearly earnings per share was at -21.90%. With a float of $147.26 million, this company’s outstanding shares have now reached $173.24 million.

Let’s determine the extent of company efficiency that accounts for 88126 employees. In terms of profitability, gross margin is +52.37, operating margin of +3.49, and the pretax margin is +7.37.

New Oriental Education & Technology Group Inc. (EDU) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Oriental Education & Technology Group Inc. stocks. The insider ownership of New Oriental Education & Technology Group Inc. is 0.20%, while institutional ownership is 65.30%.

New Oriental Education & Technology Group Inc. (EDU) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 5/30/2021, it has been observed that the corporation posted $0.38 earnings per share (EPS) during the time that was better than consensus figure (set at $0.35) by $0.03. This company achieved a net margin of +7.82 while generating a return on equity of 8.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.39 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -21.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.81% during the next five years compared to 69.90% growth over the previous five years of trading.

New Oriental Education & Technology Group Inc. (NYSE: EDU) Trading Performance Indicators

You can see what New Oriental Education & Technology Group Inc. (EDU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.17, a number that is poised to hit -1.46 in the next quarter and is forecasted to reach 0.42 in one year’s time.

Technical Analysis of New Oriental Education & Technology Group Inc. (EDU)

Looking closely at New Oriental Education & Technology Group Inc. (NYSE: EDU), its last 5-days average volume was 17.24 million, which is a jump from its year-to-date volume of 4.55 million. As of the previous 9 days, the stock’s Stochastic %D was 75.76%. Additionally, its Average True Range was 1.79.

During the past 100 days, New Oriental Education & Technology Group Inc.’s (EDU) raw stochastic average was set at 81.32%, which indicates a significant increase from 74.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.16% in the past 14 days, which was higher than the 116.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.00, while its 200-day Moving Average is $16.90. However, in the short run, New Oriental Education & Technology Group Inc.’s stock first resistance to watch stands at $21.29. Second resistance stands at $21.83. The third major resistance level sits at $22.87. If the price goes on to break the first support level at $19.71, it is likely to go to the next support level at $18.67. Now, if the price goes above the second support level, the third support stands at $18.13.

New Oriental Education & Technology Group Inc. (NYSE: EDU) Key Stats

There are 169,697K outstanding shares of the company, which has a market capitalization of 3.60 billion. As of now, sales total 4,277 M while income totals 334,410 K. Its latest quarter income was 614,090 K while its last quarter net income were -122,440 K.


Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...



Don't miss

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

Dominion Energy Inc. (D)’s latest performance is not what we had anticipated

On June 29, 2022, Dominion Energy Inc. (NYSE: D) opened at $78.78, higher 0.62% from the last session. During the day, the shares moved...

-25.70% percent quarterly performance for Stellantis N.V. (STLA) is not indicative of the underlying story

A new trading day began on June 29, 2022, with Stellantis N.V. (NYSE: STLA) stock priced at $12.85, down -1.17% from the previous day...

Citizens Financial Group Inc. (CFG) is -7.60% away from 50-day simple Moving Average despite all headwinds

Citizens Financial Group Inc. (NYSE: CFG) kicked off on June 29, 2022, at the price of $36.83, down -1.66% from the previous trading day....


Please enter your comment!
Please enter your name here




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam