On Monday, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) was -4.14% drop from the session before settling in for the closing price of $73.40. A 52-week range for EDU has been $49.94 – $98.20.
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A company in the Consumer Defensive sector has jumped its sales by 1.06% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 52.36%. With a float of $165.48 million, this company’s outstanding shares have now reached $165.51 million.
In an organization with 55506 employees, it is important to assess its efficiency.
New Oriental Education & Technology Group Inc. ADR (EDU) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Oriental Education & Technology Group Inc. ADR stocks. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 0.02%, while institutional ownership is 46.08%.
New Oriental Education & Technology Group Inc. ADR (EDU) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 52.36% 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
You can see what New Oriental Education & Technology Group Inc. ADR (EDU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.87, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 3.49 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Let’s dig in a bit further. During the last 5-days, its volume was 2.27 million. That was better than the volume of 1.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.39%. Additionally, its Average True Range was 2.90.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 1.10%, which indicates a significant decrease from 2.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.38% in the past 14 days, which was higher than the 46.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.22, while its 200-day Moving Average is $78.92. However, in the short run, New Oriental Education & Technology Group Inc. ADR’s stock first resistance to watch stands at $71.81. Second resistance stands at $73.27. The third major resistance level sits at $74.03. If the price goes on to break the first support level at $69.59, it is likely to go to the next support level at $68.83. The third support level lies at $67.37 if the price breaches the second support level.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
There are 169,697K outstanding shares of the company, which has a market capitalization of 11.65 billion. As of now, sales total 2,998 M while income totals 177,340 K. Its latest quarter income was 1,207 M while its last quarter net income were 87,170 K.
