Price Don’t Lie: Is Tarena International Inc(ADR)’s Fuel Running Low? The Stock Reaches 52-Week High Today

Price Don't Lie: Is Tarena International Inc(ADR)'s Fuel Running Low? The Stock Reaches 52 Week High Today

The stock of Tarena International Inc(ADR) (NASDAQ:TEDU) hit a new 52-week high and has $19.98 target or 31.00% above today’s $15.25 share price. The 9 months bullish chart indicates low risk for the $848.13 million company. The 1-year high was reported on Nov, 2 by Barchart.com. If the $19.98 price target is reached, the company will be worth $262.92M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 110,667 shares traded hands. Tarena International Inc(ADR) (NASDAQ:TEDU) has risen 49.12% since March 31, 2016 and is uptrending. It has outperformed by 46.60% the S&P500.

Analysts await Tarena International Inc(ADR) (NASDAQ:TEDU) to report earnings on November, 28.

Tarena International Inc(ADR) (NASDAQ:TEDU) Ratings Coverage

Out of 4 analysts covering Tarena International (NASDAQ:TEDU), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. Tarena International has been the topic of 7 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Thursday, January 14 by Credit Suisse. The firm has “Sell” rating given on Saturday, September 5 by TheStreet. As per Monday, February 22, the company rating was upgraded by Credit Suisse.

According to Zacks Investment Research, “Tarena International, Inc. is a provider of professional education services in China. The Company specializes in Information Technology professional education services including classroom training. It offers education courses in nine IT subjects, such as Java, C++, software testing, PHP, embedded, Android, .NET, iOS, and Linux and network engineering; and two non-IT subjects comprising digital art, and online sales and marketing through live distance instruction, classroom-based tutoring, and online learning modules. Tarena International, Inc. is headquartered in Beijing, the People’s Republic of China.”

More news for Tarena International Inc(ADR) (NASDAQ:TEDU) were recently published by: Quotes.Wsj.com, which released: “DOW JONES, A NEWS CORP COMPANY” on April 04, 2014. Quotes.Wsj.com‘s article titled: “News Franklin Covey Co.FC” and published on February 11, 2011 is yet another important article.

TEDU Company Profile

Tarena International, Inc. (Tarena International), incorporated on October 8, 2003, is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). The Firm operates in the training segment. Tarena International offers courses in over 10 IT subjects and approximately three non-IT subjects, and over two kid education programs. It offers an education platform that combines live distance instruction, classroom tutoring and online learning modules. It delivers lectures through a group of instructors based in Beijing to a network of approximately 130 learning centers in over 40 cities in China.

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