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Tarena International (NASDAQ:TEDU) Shares Pass Below Two Hundred Day Moving Average of $5.43

Defense World ·  Mar 16, 2023 16:06

Tarena International, Inc. (NASDAQ:TEDU – Get Rating)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.43 and traded as low as $4.00. Tarena International shares last traded at $4.00, with a volume of 2,197 shares.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TEDU shares. StockNews.com assumed coverage on shares of Tarena International in a research report on Wednesday, March 8th. They issued a "strong-buy" rating for the company. EF Hutton Acquisition Co. I began coverage on Tarena International in a report on Monday, February 27th. They set a "buy" rating and a $12.00 price objective on the stock.

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Tarena International Price Performance

The stock has a market capitalization of $45.28 million, a price-to-earnings ratio of 7.41 and a beta of -0.37. The firm's fifty day moving average is $5.27 and its 200-day moving average is $5.43.

Tarena International Company Profile

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Tarena International, Inc operates as a holding company which provides IT professional education services. Its courses include IT subjects, non-IT subjects and K-12 education programs. It operates through the following segments: Adult Training and Kid Training. The Adult Training segment provides students with an education platform combines live distance instruction, classroom-based tutoring and online learning modules.

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