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After finishing at $67.29 in the prior trading day, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed at $65.12, down -3.22%. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 1.09 million shares were traded. EDU stock price reached its highest trading level at $66.7 during the session, while it also had its lowest trading level at $64.51.
Ratios:
Our goal is to gain a better understanding of EDU by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.12.
On November 07, 2023, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $81.Morgan Stanley initiated its Overweight rating on November 07, 2023, with a $81 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EDU now has a Market Capitalization of 11229618176 and an Enterprise Value of 103814430720. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.09, and their Forward P/E ratio for the next fiscal year is 14.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 120.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 2.78. Its current Enterprise Value per Revenue stands at 24.067 whereas that against EBITDA is 219.421.
Stock Price History:
Over the past 52 weeks, EDU has reached a high of $98.20, while it has fallen to a 52-week low of $52.89. The 50-Day Moving Average of the stock is -10.44%, while the 200-Day Moving Average is calculated to be -17.89%.
Shares Statistics:
The stock has traded on average 1.77M shares per day over the past 3-months and 1184560 shares per day over the last 10 days, according to various share statistics. A total of 164.32M shares are outstanding, with a floating share count of 162.25M. Insiders hold about 1.97% of the company’s shares, while institutions hold 43.46% stake in the company. Shares short for EDU as of 1722384000 were 5617255 with a Short Ratio of 3.18, compared to 1719532800 on 6920723. Therefore, it implies a Short% of Shares Outstanding of 5617255 and a Short% of Float of 3.8900003.
