New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) shares, rose in value on Friday, March 28, with the stock price down by -1.32% to the previous day’s close as strong demand from buyers drove the stock to $46.96.
Actively observing the price movement in the last trading, the stock closed the session at $47.59, falling within a range of $46.32 and $47.57. The value of beta (5-year monthly) was 0.47 whereas the PE ratio was 19.92 over 12-month period. Referring to stock’s 52-week performance, its high was $90.14, and the low was $44.46. On the whole, EDU has fluctuated by 0.41% over the past month.
With the market capitalization of New Oriental Education & Technology Group Inc. ADR currently standing at about $7.68 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-20.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.99B, with a low estimate of 1.16B and a high estimate of 1.49B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.24B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EDU’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.78, with the price of EDU currently trading nearly -3.75% and -5.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.07, while the 7-day volatility ratio is showing 3.11% which for the 30-day chart, stands at 3.18%. Furthermore, New Oriental Education & Technology Group Inc. ADR (EDU)’s beta value is 0.37, and its average true range (ATR) is 1.98.
A comparison of New Oriental Education & Technology Group Inc. ADR (EDU) with its peers suggests the former has fared considerably weaker in the market. EDU showed an intraday change of -1.32% in last session, and over the past year, it shrunk by -46.52%%.
Data on historical trading for New Oriental Education & Technology Group Inc. ADR (NYSE:EDU) indicates that the trading volumes over the past 10 days have averaged 1.22 and over the past 3 months, they’ve averaged 1.94 million. According to company’s latest data on outstanding shares, there are 163.53 million shares outstanding.
Nearly 4.62% of New Oriental Education & Technology Group Inc. ADR’s shares belong to company insiders and institutional investors own 41.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.39 million shares as on 2025-03-14, resulting in a short ratio of 4.87. According to the data, the short interest in New Oriental Education & Technology Group Inc. ADR (EDU) stood at 602.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.98 million. The stock has fallen by -26.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EDU stock heading into the next quarter.
