A new trading day began on Tuesday, with New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) stock price down -0.85% from the previous day of trading, before settling in for the closing price of $62.40. EDU’s price has ranged from $58.32 to $97.23 over the past 52 weeks.
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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 9.62%. Meanwhile, its annual earnings per share averaged 38.43%. With a float of $160.26 million, this company’s outstanding shares have now reached $164.75 million.
Considering the fact that the conglomerate employs 75005 people, you should pay attention to its efficiency factor. 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) 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 2.00%, while institutional ownership is 43.55%.
New Oriental Education & Technology Group Inc. ADR (EDU) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 38.43% 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 2.18.
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 4.15 in one year’s time.
Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)
Compared to the last year’s volume of 1.88 million, its volume of 1.08 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 41.04%. Additionally, its Average True Range was 2.89.
During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 11.41%, which indicates a significant decrease from 16.26% 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 lower than the 56.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.29, while its 200-day Moving Average is $77.28. Nevertheless, the first resistance level for the watch stands at $63.00 in the near term. At $64.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.21. If the price goes on to break the first support level at $60.78, it is likely to go to the next support level at $59.69. Now, if the price goes above the second support level, the third support stands at $58.57.
New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats
With a market capitalization of 10.12 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.
