Tarena International (TEDU) Shares Up 1.5%
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.
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.
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