New Oriental Education & Technology Group Inc. (NYSE: EDU)’s stock price has dropped by -3.74 in relation to previous closing price of 37.40. Nevertheless, the company has seen a loss of -2.94% in its stock price over the last five trading days. The Wall Street Journal reported on 07/13/22 that Targeted by Beijing, One Chinese Tutoring Company Reinvents Itself With Live Streams Selling Groceries
Is It Worth Investing in New Oriental Education & Technology Group Inc. (NYSE: EDU) Right Now?
while the 36-month beta value is 0.62.Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for New Oriental Education & Technology Group Inc. (EDU) is $55.10, which is $17.31 above the current market price. The public float for EDU is 166.44M, and currently, short sellers hold a 3.00% ratio of that floaft. The average trading volume of EDU on May 26, 2023 was 1.87M shares.
EDU’s Market Performance
EDU stock saw a decrease of -2.94% in the past week, with a monthly decline of -20.60% and a quarterly a decrease of -10.13%. The volatility ratio for the week is 3.10%, and the volatility levels for the last 30 days are 3.85% for New Oriental Education & Technology Group Inc. (EDU). The simple moving average for the past 20 days is -10.38% for EDU’s stock, with a 6.88% simple moving average for the past 200 days.
EDU Trading at -8.86% from the 50-Day Moving Average
After a stumble in the market that brought EDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.98% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -19.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.99% lower at present.
During the last 5 trading sessions, EDU fell by -2.94%, which changed the moving average for the period of 200-days by +45.28% in comparison to the 20-day moving average, which settled at $39.74. In addition, New Oriental Education & Technology Group Inc. saw 3.39% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EDU
Current profitability levels for the company are sitting at:
- -17.61 for the present operating margin
- +43.51 for the gross margin
The net margin for New Oriental Education & Technology Group Inc. stands at -38.25. The total capital return value is set at -9.39, while invested capital returns managed to touch -22.05. Equity return is now at value -1.10, with -0.70 for asset returns.
Based on New Oriental Education & Technology Group Inc. (EDU), the company’s capital structure generated 18.36 points at debt to equity in total, while total debt to capital is 15.51. Total debt to assets is 11.28, with long-term debt to equity ratio resting at 13.81. Finally, the long-term debt to capital ratio is 11.67.
When we switch over and look at the enterprise to sales, we see a ratio of 1.13, with the company’s debt to enterprise value settled at -0.60. The receivables turnover for the company is 20.96 and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.62.
Conclusion
In a nutshell, New Oriental Education & Technology Group Inc. (EDU) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
