New Oriental Education & Tech Grp (EDU) stock is lower by 16.08% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With EDU Stock Today?
New Oriental Education & Tech Grp (EDU) stock has fallen -7.66% while the S&P 500 is up 1.02% as of 12:00 PM on Thursday, May 13. EDU has fallen -$1.03 from the previous closing price of $13.45 on volume of 22,539,913 shares. Over the past year the S&P 500 is higher by 43.01% while EDU has fallen -0.80%. EDU earned $0.24 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 51.58.
To see the top 5 stocks in the Education & Training Services industry 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 Score Report on New Oriental Education & Tech Grp (EDU) Stock.
