Investment analysts at StockNews.com initiated coverage on shares of Tarena International (NASDAQ:TEDU – Get Rating) in a report issued on Wednesday. The brokerage set a "strong-buy" rating on the business services provider's stock.

Separately, EF Hutton Acquisition Co. I assumed coverage on Tarena International in a report on Monday, February 27th. They issued a "buy" rating and a $12.00 price objective for the company.

Tarena International Stock Performance

Shares of NASDAQ:TEDU opened at $4.87 on Wednesday. The firm has a market capitalization of $55.13 million, a PE ratio of 9.02 and a beta of -0.37. Tarena International has a 52-week low of $1.89 and a 52-week high of $8.25. The firm has a fifty day moving average of $5.32 and a 200 day moving average of $5.53.

About Tarena International

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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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