Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of TAL Education Group ADR (NYSE: TAL) closed at $11.22 in the last session, down -3.11% from day before closing price of $11.58. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 5.68 million shares were traded. TAL stock price reached its highest trading level at $11.4088 during the session, while it also had its lowest trading level at $11.025.
Ratios:
We take a closer look at TAL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.88 and its Current Ratio is at 2.94. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.
JP Morgan Upgraded its Neutral to Overweight on January 25, 2024, whereas the target price for the stock was revised 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 6780055552 and an Enterprise Value of -836786752. As of this moment, TAL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 131.54, and their Forward P/E ratio for the next fiscal year is 41.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at -0.514 whereas that against EBITDA is 515.898.
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 $7.34. The 50-Day Moving Average of the stock is 23.86%, while the 200-Day Moving Average is calculated to be 0.53%.
Shares Statistics:
According to the various share statistics, TAL traded on average about 7.56M shares per day over the past 3-months and 13379080 shares per day over the past 10 days. A total of 456.77M shares are outstanding, with a floating share count of 445.98M. Insiders hold about 2.36% of the company’s shares, while institutions hold 58.15% stake in the company. Shares short for TAL as of 1727654400 were 31056129 with a Short Ratio of 4.11, compared to 1724976000 on 27570927. Therefore, it implies a Short% of Shares Outstanding of 31056129 and a Short% of Float of 24.870001.
