New Oriental Education & Technology Group Inc. - ADR (EDU) shares closed 8.0% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 34.8% year-to-date, down 92.0% over the past 12 months, and down 71.4% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 10.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -24715.5% The company's stock price performance over the past 12 months lags the peer average by -264.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -30.5% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
NEW YORK , Jan. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for T, CMCSA, EDU, LC, and OXY. Full story available on Benzinga.com
New Oriental Education & Technology (EDU) expects to record a net loss in the range of $800M-$900M six months ended November 30, 2021 vs
Key takeaways: New Oriental has turned to live streaming e-commerce, with founder Yu Minhong selling agricultural products online
Top Chinese Tutoring Company Fires 60,000 Workers Amid Brutal Regulatory Crackdown In July, China issued new rules on after-school tutoring companies for students in compulsory nine years of education. The rules said companies and institutions that teach the school curriculum must go non-profit and cannot pursue IPOs, or take foreign capital. The unprecedented regulatory overhaul crashed shares in China''s big tutoring companies. By the end of 2021, New Oriental Education & Technology Group Inc., the largest after-school tutoring in the country, was worth about 89% less than a year earlier. Its current market capitalization is approximately $3 billion. New revelations over the weekend from the founder and chairman of the Chinese tutoring giant, Yu Minhong, show overhaul cost amounted to a whopping 20 billion yuan, or about $3.1 billion, last year. Minhong took to his personal social media account on WeChat Saturday to disclose how the crackdown resulted in the company dismissing 60,000 workers in 2021 after revenues plunged 80%. "In 2021, New Oriental encountered too many unforeseen events from factors such as policy, the pandemic, and international relations," he wrote. "Much of our business remains in a state of uncertainty." Despite the layoffs, the company still employes 50,000 teachers, Minhong said in another post on Monday.

Best Penny Stocks For Your January Watchlist, 3 to Check Out

07:19pm, Friday, 07'th Jan 2022 PennyStocks
Are these penny stocks on your watchlist right now? The post Best Penny Stocks For Your January Watchlist, 3 to Check Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStoc
Are these penny stocks on your watchlist right now? The post Best Penny Stocks For Your January Watchlist, 3 to Check Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStoc
My list of High-Risk/High Reward companies is not for the faint of heart, but it provides the opportunity to capture significant alpha if purchased at the right time. I have purposely chosen this list
New Oriental Education & Technology Group Inc. - ADR (EDU) shares closed today 11.1% higher than it did at the end of yesterday. The stock is currently down 89.8% year-to-date, down 88.7% over the past 12 months, and down 55.1% over the past five years. Today, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 0.3%. Trading Activity Shares traded as high as $2.17 and as low as $1.87 this week.Shares closed 89.4% below its 52-week high and 25.6% above its 52-week low.Trading volume this week was 17.7% higher than the 10-day average and 19.8% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -184.1% The company's stock price performance over the past 12 months lags the peer average by -185.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -2.7% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Shares of several Chinese stocks, including TAL Education Group (NYSE: TAL), New Oriental Education & Tech Grp (NYSE: EDU) and Gaotu Techedu Inc (NYSE: GOTU), are all trading higher after the Chinese

China's VIE Issue Appears to Be Improving

11:03am, Wednesday, 29'th Dec 2021
Enticed by the giant market, U.S. and other foreign investors have invested vast amounts in the Chinese stocks listed in the U.S. In many cases, while their operations are in China, the company listed
Check these penny stocks out for your watchlist as 2021 ends The post Looking for Penny Stocks to Buy Now? 3 to Know About as 2021 Ends appeared first on Penny Stocks to Buy, Picks, News and Informati
Check these penny stocks out for your watchlist as 2021 ends The post Looking for Penny Stocks to Buy Now? 3 to Know About as 2021 Ends appeared first on Penny Stocks to Buy, Picks, News and Informati
Morgan Stanley increased its stake in shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) by 46.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,466,147 shares of the companys stock after purchasing an additional 5,863,226 shares during the quarter. []

3 Penny Stocks to Watch to End Your Week Strong

02:48pm, Friday, 17'th Dec 2021 PennyStocks
Check these penny stocks out as 2021 comes to an end The post 3 Penny Stocks to Watch to End Your Week Strong appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
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