New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) on Tuesday, plunged -0.05% from the previous trading day, before settling in for the closing price of $85.54. Within the past 52 weeks, EDU’s price has moved between $35.70 and $98.20.
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Annual sales at Consumer Defensive sector company grew by 6.15% over the past five years. The company achieved an average annual earnings per share of 77.40%. With a float of $165.46 million, this company’s outstanding shares have now reached $165.51 million.
Let’s look at the performance matrix of the company that is accounted for 55506 employees.
New Oriental Education & Technology Group Inc. ADR (EDU) Insider and Institutional Ownership
Observing investor behavior towards Education & Training Services industry stocks is more important than anything else. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 0.03%, while institutional ownership is 40.49%.
New Oriental Education & Technology Group Inc. ADR (EDU) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 69.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 77.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.29% during the next five years compared to -11.25% drop over the previous five years of trading.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Trading Performance Indicators
New Oriental Education & Technology Group Inc. ADR (EDU) is currently performing well based on its current performance indicators. A quick ratio of 1.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.83, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) saw its 5-day average volume 1.7 million, a positive change from its year-to-date volume of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 32.58%. Additionally, its Average True Range was 2.79.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 58.48%, which indicates a significant increase from 26.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.12% in the past 14 days, which was lower than the 44.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.44, while its 200-day Moving Average is $69.64. Nevertheless, the first resistance level for the watch stands at $86.36 in the near term. At $87.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $88.46. If the price goes on to break the first support level at $84.27, it is likely to go to the next support level at $83.04. The third support level lies at $82.17 if the price breaches the second support level.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
Market capitalization of the company is 14.15 billion based on 169,697K outstanding shares. Right now, sales total 2,998 M and income totals 177,340 K. The company made 869,600 K in profit during its latest quarter, and 30,070 K in sales during its previous quarter.
