The market has been high on TAL Education Group (TAL) stock recently. TAL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
TAL Education Group has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TAL!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With TAL Stock Today?
TAL Education Group (TAL) stock is up 3.09% while the S&P 500 is down -0.27% as of 1:08 PM on Monday, May 16. TAL has risen $0.11 from the previous closing price of $3.56 on volume of 4,790,198 shares. Over the past year the S&P 500 has fallen -3.61% while TAL is down -92.29%. TAL lost -$1.76 per share in the over the last 12 months.
More About TAL Education Group
Founded in 2003, TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services, and online courses. In fourth quarter fiscal 2021, TAL's small classes account for 53% of its revenue, one-on-one 6%, and Xueersi.com 32%. Its tutoring services cover the core academic subjects in China's school curriculum, such as Math (K-12), English (K-12), Chinese (K-12), Physics (Grade 8-12), Chemistry (Grade 9-12), and Biology (Grade 10-12). TAL's learning centers currently cover 101 cities in China and a total of 1,098 learning centers. In fourth-quarter fiscal 2021, current normal priced long-term course student enrolment was 6.7 million.
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