Tarena International Inc (NASDAQ:TEDU)’s share price shot up 1.5% during trading on Monday . The company traded as high as $7.95 and last traded at $7.98. 9,481 shares traded hands during trading, a decline of 97% from the average session volume of 311,642 shares. The stock had previously closed at $7.86.

A number of brokerages have recently commented on TEDU. CLSA lowered shares of Tarena International from a “buy” rating to an “underperform” rating in a report on Tuesday, June 5th. ValuEngine lowered shares of Tarena International from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Credit Suisse Group lowered shares of Tarena International from an “outperform” rating to a “neutral” rating in a report on Thursday, June 7th. TheStreet lowered shares of Tarena International from a “b-” rating to a “c+” rating in a report on Wednesday, April 11th. Finally, Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $16.21.

The firm has a market capitalization of $448.03 million, a P/E ratio of 398.50, a price-to-earnings-growth ratio of 0.79 and a beta of 0.89.

Hedge funds have recently added to or reduced their stakes in the stock. Dalton Investments LLC lifted its holdings in Tarena International by 14.6% in the fourth quarter. Dalton Investments LLC now owns 250,200 shares of the business services provider’s stock valued at $3,750,000 after buying an additional 31,800 shares during the period. Macquarie Group Ltd. lifted its holdings in Tarena International by 31.4% in the fourth quarter. Macquarie Group Ltd. now owns 2,046,575 shares of the business services provider’s stock valued at $27,388,000 after buying an additional 489,475 shares during the period. Two Sigma Investments LP lifted its holdings in Tarena International by 119.0% in the fourth quarter. Two Sigma Investments LP now owns 92,953 shares of the business services provider’s stock valued at $1,393,000 after buying an additional 50,515 shares during the period. BlackRock Inc. lifted its holdings in Tarena International by 4.9% in the fourth quarter. BlackRock Inc. now owns 561,606 shares of the business services provider’s stock valued at $8,419,000 after buying an additional 26,016 shares during the period. Finally, Schroder Investment Management Group lifted its holdings in Tarena International by 24.7% in the fourth quarter. Schroder Investment Management Group now owns 1,723,695 shares of the business services provider’s stock valued at $25,838,000 after buying an additional 341,787 shares during the period. Institutional investors and hedge funds own 33.57% of the company’s stock.

Tarena International Company Profile

Tarena International, Inc, through its subsidiaries, provides professional education services through part-time and full-time classes in the People's Republic of China. It offers education courses in 12 information technology (IT) subjects, such as Java, .NET, C++, software testing, PHP, embedded, Android, iOS, Big Data, Web front-end development, Linux and network engineering, and VR/AR; and 3 non-IT subjects comprising digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

Receive News & Ratings for Tarena International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarena International and related companies with MarketBeat.com's FREE daily email newsletter.