A new trading day began on Monday, with New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) stock price up 8.89% from the previous day of trading, before settling in for the closing price of $59.94. EDU’s price has ranged from $49.94 to $98.20 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 9.62%. Meanwhile, its annual earnings per share averaged 44.95%. With a float of $165.48 million, this company’s outstanding shares have now reached $165.51 million.
Let’s determine the extent of company efficiency that accounts for 55506 employees.
New Oriental Education & Technology Group Inc. ADR (EDU) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Education & Training Services Industry. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 44.95% 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 4.28% growth over the previous five years of trading.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Trading Performance Indicators
Here are New Oriental Education & Technology Group Inc. ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 4.39 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Looking closely at New Oriental Education & Technology Group Inc. ADR (NYSE: EDU), its last 5-days average volume was 3.93 million, which is a jump from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 16.43%. Additionally, its Average True Range was 3.49.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 17.23%, which indicates a significant decrease from 33.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.04% in the past 14 days, which was higher than the 50.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.46, while its 200-day Moving Average is $78.95. However, in the short run, New Oriental Education & Technology Group Inc. ADR’s stock first resistance to watch stands at $67.44. Second resistance stands at $69.62. The third major resistance level sits at $73.65. If the price goes on to break the first support level at $61.23, it is likely to go to the next support level at $57.20. Now, if the price goes above the second support level, the third support stands at $55.02.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
With a market capitalization of 10.80 billion, the company has a total of 169,697K Shares Outstanding. Currently, annual sales are 2,998 M while annual income is 177,340 K. The company’s previous quarter sales were 1,207 M while its latest quarter income was 87,170 K.
