New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) is -18.43% lower on its value in year-to-date trading and has touched a low of $44.46 and a high of $97.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EDU stock was last observed hovering at around $53.93 in the last trading session, with the day’s loss setting it -1.58%.
Currently trading at $52.35, the stock is 3.78% and -7.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing -2.93% at the moment leaves the stock -21.06% off its SMA200. EDU registered -41.61% loss for a year compared to 6-month loss of -21.16%.
The stock witnessed a 13.48% gain in the last 1 month and extending the period to 3 months gives it a -6.47%, and is -2.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.32% over the week and 3.71% over the month.
New Oriental Education & Technology Group Inc. ADR (EDU) has around 75005 employees, a market worth around $8.56B and $4.82B in sales. Current P/E ratio is 22.21 and Fwd P/E is 14.33. Profit margin for the company is 8.13%. Distance from 52-week low is 17.75% and -46.16% from its 52-week high. The company has generated returns on investments over the last 12 months (9.31%).
with sales reaching $1.23B over the same period.The EPS is expected to grow by 26.15% this year, but quarterly earnings will post 15.60% year-over-year. Quarterly sales are estimated to grow 1.51% in year-over-year returns.
New Oriental Education & Technology Group Inc. ADR (EDU) Top Institutional Holders
The shares outstanding are 163.53M, and float is at 155.98M with Short Float at 5.89%.
The top institutional shareholder in the company is MORGAN STANLEY with over 6.47 million shares valued at $502.64 million. The investor’s holdings represent 3.9073% of the EDU Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF AMERICA CORP /DE/ with 3.97 million shares valued at $$308.3 million to account for 2.3966 of the shares outstanding. The other top investors are FMR LLC which holds 3.68 million shares representing 2.2226% and valued at over $285.91 million, while ASPEX MANAGEMENT (HK) LTD holds 1.9592 of the shares totaling 3.24 million with a market value of $251.82 million.
New Oriental Education & Technology Group Inc. ADR (EDU) Insider Activity
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