On Tuesday, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) was -6.10% drop from the session before settling in for the closing price of $74.12. A 52-week range for EDU has been $57.87 – $97.23.
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Annual sales at Consumer Defensive sector company grew by 9.62% over the past five years. When this article was written, the company’s average yearly earnings per share was at 41.90%. With a float of $160.26 million, this company’s outstanding shares have now reached $164.75 million.
Let’s look at the performance matrix of the company that is accounted for 75005 employees. In terms of profitability, gross margin is 52.45%, operating margin of 8.12%, and the pretax margin is 11.45%.
New Oriental Education & Technology Group Inc. ADR (EDU) Insider Updates
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 2.00%, while institutional ownership is 42.42%.
New Oriental Education & Technology Group Inc. ADR (EDU) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 41.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.00% during the next five years compared to 4.20% growth 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 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 4.32 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 1.44 million, a negative change from its year-to-date volume of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 9.39%. Additionally, its Average True Range was 3.94.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 38.38%, which indicates a significant increase from 2.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.59% in the past 14 days, which was higher than the 55.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.68, while its 200-day Moving Average is $78.04. Nevertheless, the first resistance level for the watch stands at $71.81 in the near term. At $74.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.37. If the price goes on to break the first support level at $68.25, it is likely to go to the next support level at $66.91. Assuming the price breaks the second support level, the third support level stands at $64.69.
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 11.38 billion. As of now, sales total 4,314 M while income totals 309,590 K. Its latest quarter income was 1,137 M while its last quarter net income were 26,970 K.
