TAL Education Group ADR (TAL) 20 Days SMA touches 2.27%: The odds favor the bear

TAL Education Group ADR (NYSE: TAL) kicked off on Monday, up 6.36% from the previous trading day, before settling in for the closing price of $10.38. Over the past 52 weeks, TAL has traded in a range of $7.34-$15.52.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.42%. While this was happening, its average annual earnings per share was recorded 834.41%. With a float of $445.98 million, this company’s outstanding shares have now reached $456.77 million.

Considering the fact that the conglomerate employs 15000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 54.28%, operating margin of -2.1%, and the pretax margin is 4.52%.

TAL Education Group ADR (TAL) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Education & Training Services Industry. The insider ownership of TAL Education Group ADR is 2.36%, while institutional ownership is 58.01%.

TAL Education Group ADR (TAL) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 5/31/2024, the organization reported 0.1 earnings per share (EPS), higher than consensus estimate (set at 0.09) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 834.41% per share during the next fiscal year.

TAL Education Group ADR (NYSE: TAL) Trading Performance Indicators

Take a look at TAL Education Group ADR’s (TAL) current performance indicators. Last quarter, stock had a quick ratio of 2.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.27 in one year’s time.

Technical Analysis of TAL Education Group ADR (TAL)

Compared to the last year’s volume of 6.99 million, its volume of 6.52 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.34%. Additionally, its Average True Range was 0.71.

During the past 100 days, TAL Education Group ADR’s (TAL) raw stochastic average was set at 62.05%, which indicates a significant increase from 35.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.10% in the past 14 days, which was lower than the 62.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.24, while its 200-day Moving Average is $11.11. Nevertheless, the first resistance level for the watch stands at $11.44 in the near term. At $11.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.52. If the price goes on to break the first support level at $10.36, it is likely to go to the next support level at $9.68. Should the price break the second support level, the third support level stands at $9.28.

TAL Education Group ADR (NYSE: TAL) Key Stats

The company with the Market Capitalisation of 5.04 billion has total of 604,827K Shares Outstanding. Its annual sales at the moment are 1,490 M in contrast with the sum of -3,570 K annual income. Company’s last quarter sales were recorded 414,190 K and last quarter income was 11,400 K.