In yesterday’s Wall Street session, TAL Education Group ADR (NYSE:TAL) shares traded at $12.06, up 3.79% from the previous session.
TAL stock price is now -4.05% away from the 50-day moving average and 27.35% away from the 200-day moving average. The market capitalization of the company currently stands at $5.92B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On January 25, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $10 to quote $15, while ‘Goldman’ rates the stock as ‘Buy’
A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, TAL Education Group ADR has had a low of $5.09 and a high of $15.52. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 3.22, and a quick ratio of 3.17. The fifty day moving average price for TAL is $12.57 and a two-hundred day moving average price translates $9.50 for the stock.
The latest earnings results from TAL Education Group ADR (NYSE: TAL) was released for Nov, 2023. According to the Education & Training Services Company, earnings per share came in at $0, missing analysts’ expectations of $0.02 by -0.02. This compares to -$0.08 EPS in the same period last year. The net profit margin was -5.30% and return on equity was -1.90% for TAL. The company reported revenue of $373.51 million for the quarter, compared to $232.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 60.52 percent. For the current quarter, analysts expect TAL to generate $391.29M in revenue.
TAL Education Group ADR(TAL) Company Profile
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. It provides tutoring services primarily through small-class services under the Xueersi, Xueersi Online School, First Leap, Tipaipai, Xiaohou AI, Xiaohoucode, Aiqidao, Mamabang, Kaoyanbang, and Shunshunliuxue brand names; and personalized premium services under Izhikang name. The company also operates jzb.com, an online education platform; provides investment management and consulting services; develops and sells software and networks, as well as related consulting services; and sells educational materials and products. TAL Education Group was founded in 2003 and is headquartered in Beijing, the People’s Republic of China.
