TAL Education Group (NYSE:TAL – Get Rating) was the target of unusually large options trading on Tuesday. Stock investors acquired 14,285 call options on the company. This represents an increase of approximately 49% compared to the typical daily volume of 9,596 call options.
TAL Education Group Stock Down 0.3 %
Shares of TAL Education Group stock traded down $0.03 on Tuesday, reaching $8.84. The company’s stock had a trading volume of 444,134 shares, compared to its average volume of 15,773,331. The company has a market capitalization of $5.70 billion, a P/E ratio of -22.59 and a beta of -0.03. TAL Education Group has a 52-week low of $1.60 and a 52-week high of $10.45. The stock has a 50-day moving average price of $5.66 and a 200-day moving average price of $5.15.
Wall Street Analysts Forecast Growth
TAL has been the subject of a number of research reports. Bank of America raised TAL Education Group from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $4.30 to $4.70 in a report on Monday, October 31st. CICC Research raised TAL Education Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 31st. StockNews.com raised TAL Education Group from a “sell” rating to a “hold” rating in a report on Monday, October 31st. Finally, UBS Group raised TAL Education Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $4.94 to $6.50 in a report on Thursday, November 3rd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5.60.
Institutional Trading of TAL Education Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Yousif Capital Management LLC purchased a new stake in shares of TAL Education Group in the first quarter valued at approximately $39,000. IPG Investment Advisors LLC purchased a new stake in shares of TAL Education Group during the second quarter worth approximately $49,000. Neo Ivy Capital Management purchased a new stake in shares of TAL Education Group during the third quarter worth approximately $49,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of TAL Education Group during the third quarter worth approximately $55,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of TAL Education Group during the second quarter worth approximately $55,000. 39.71% of the stock is currently owned by hedge funds and other institutional investors.
About TAL Education Group
TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider TAL Education Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and TAL Education Group wasn’t on the list.
While TAL Education Group currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Source: news.google.com
