StockNews.com assumed coverage on shares of Tarena International (NASDAQ:TEDU – Get Rating) in a research note published on Thursday morning. The firm issued a strong-buy rating on the business services provider's stock.

Separately, EF Hutton Acquisition Co. I initiated coverage on Tarena International in a research report on Monday, February 27th. They set a buy rating and a $12.00 price objective on the stock.

Tarena International Price Performance

Shares of TEDU stock opened at $4.30 on Thursday. Tarena International has a 1 year low of $2.06 and a 1 year high of $8.25. The stock's 50 day simple moving average is $5.24 and its two-hundred day simple moving average is $5.36. The company has a market cap of $48.68 million, a PE ratio of 7.96 and a beta of -0.37.

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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