Market Momentum Report: TAL Education Group ADR (TAL)’s Negative Close at 13.42

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of TAL Education Group ADR (NYSE: TAL) closed at $13.42 in the last session, down -2.68% from day before closing price of $13.79. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 6.24 million shares were traded. TAL stock price reached its highest trading level at $13.845 during the session, while it also had its lowest trading level at $13.42.

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 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 8569300992 and an Enterprise Value of -390828256. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.42 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at -0.262 whereas that against EBITDA is 13.701.

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 $5.28. The 50-Day Moving Average of the stock is 9.83%, while the 200-Day Moving Average is calculated to be 27.52%.

Shares Statistics:

According to the various share statistics, TAL traded on average about 6.91M shares per day over the past 3-months and 6787050 shares per day over the past 10 days. 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 50.49% stake in the company. Shares short for TAL as of 1714435200 were 24848360 with a Short Ratio of 3.59, compared to 1711584000 on 20058176. Therefore, it implies a Short% of Shares Outstanding of 24848360 and a Short% of Float of 4.2700000000000005.

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