A major move is in the offing as New Oriental Education & Technology Group Inc. ADR (EDU) market cap hits 10.50 billion

A new trading day began on Monday, with New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) stock price up 5.65% from the previous day of trading, before settling in for the closing price of $60.75. EDU’s price has ranged from $58.32 to $97.23 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 9.62% over the last five years. Meanwhile, its annual earnings per share averaged 38.13%. With a float of $160.26 million, this company’s outstanding shares have now reached $164.75 million.

The firm has a total of 75005 workers. Let’s measure their productivity. In terms of profitability, gross margin is 52.82%, operating margin of 9.43%, and the pretax margin is 12.2%.

New Oriental Education & Technology Group Inc. ADR (EDU) Insider Activity

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 2.00%, while institutional ownership is 42.25%.

New Oriental Education & Technology Group Inc. ADR (EDU) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 38.13% 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

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 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.34, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 4.16 in one year’s time.

Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)

Analysing the last 5-days average volume posted by the [New Oriental Education & Technology Group Inc. ADR, EDU], we can find that recorded value of 2.76 million was better than the volume posted last year of 1.9 million. As of the previous 9 days, the stock’s Stochastic %D was 16.67%. Additionally, its Average True Range was 3.43.

During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 19.47%, which indicates a significant decrease from 25.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.80% in the past 14 days, which was lower than the 56.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $66.93, while its 200-day Moving Average is $77.63. Now, the first resistance to watch is $64.91. This is followed by the second major resistance level at $65.63. The third major resistance level sits at $66.87. If the price goes on to break the first support level at $62.95, it is likely to go to the next support level at $61.71. Should the price break the second support level, the third support level stands at $60.99.

New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats

With a market capitalization of 10.50 billion, the company has a total of 169,697K Shares Outstanding. Currently, annual sales are 4,314 M while annual income is 309,590 K. The company’s previous quarter sales were 1,435 M while its latest quarter income was 245,430 K.