New Oriental Education & Technol (NYSE: EDU) stock enjoyed a major increase of 13.4% on 8/6/24. The shares closed at $74.00. Moreover, this advance was accompanied by exceptionally high trading volume at 330% of normal. The stock has performed in line with the market over the last nine months and has risen 5.2% during the last week.
Current PriceTarget Research Rating
EDU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
New Oriental Education & Technol has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. New Oriental Education & Technol has a slightly negative Power Rating of 40 and a very low Appreciation Score of 14, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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