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TAL Education Group ADR (NYSE: TAL) closed the day trading at $11.88 down -1.33% from the previous closing price of $12.04. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 3.76 million shares were traded. TAL stock price reached its highest trading level at $12.25 during the session, while it also had its lowest trading level at $11.805.
Ratios:
For a better understanding of TAL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.42. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
On January 25, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $10 to $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAL now has a Market Capitalization of 7585938432 and an Enterprise Value of -700278400. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at -0.47 whereas that against EBITDA is 24.55.
Stock Price History:
Over the past 52 weeks, TAL has reached a high of $15.52, while it has fallen to a 52-week low of $5.09. The 50-Day Moving Average of the stock is -4.13%, while the 200-Day Moving Average is calculated to be 15.47%.
Shares Statistics:
Over the past 3-months, TAL traded about 7.32M shares per day on average, while over the past 10 days, TAL traded about 8327690 shares per day. A total of 489.49M shares are outstanding, with a floating share count of 488.54M. Insiders hold about 0.51% of the company’s shares, while institutions hold 52.18% stake in the company. Shares short for TAL as of 1713139200 were 21509241 with a Short Ratio of 2.94, compared to 1710460800 on 24347197. Therefore, it implies a Short% of Shares Outstanding of 21509241 and a Short% of Float of 3.6999999999999997.
