Do Traders Think New Oriental Education & Tech Grp (EDU) Can Turn Around Friday?

The market has been down on New Oriental Education & Tech Grp (EDU) stock recently. EDU gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

New Oriental Education & Tech Grp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on EDU!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EDU Stock Today?

New Oriental Education & Tech Grp (EDU) stock is unchanged -0.28% while the S&P 500 is lower by -0.04% as of 3:38 PM on Friday, Jan 14. EDU is unmoved $0.00 from the previous closing price of $1.79 on volume of 15,515,659 shares. Over the past year the S&P 500 is up 22.25% while EDU is lower by -89.84%. EDU earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.82. To screen for more stocks like New Oriental Education & Tech Grp click here.

More About New Oriental Education & Tech Grp

EDU, founded in 1993, is the largest well-established one-stop shopping private educational services provider in China. EDU has had over 52.8 million student enrollments, including about 8.4 million enrollments in fiscal 2019. As of third-quarter fiscal 2020, EDU had a network of 1,416 learning centers, including 99 schools, 12 bookstores and access to a national network of online and offline bookstores through 160 third-party distributors and over 38,400 highly qualified teachers in 86 cities. EDU offers a diversified portfolio of educational programs, services and products to students in different age groups, including K-12 after-school tutoring for major academic subjects, overseas and domestic test preparations, nonacademic languages and services in vocational training, and so on. Click Here to get the full Stock Report for New Oriental Education & Tech Grp stock.