Equities researchers at StockNews.com initiated coverage on shares of Tarena International (NASDAQ:TEDU – Get Free Report) in a research report issued to clients and investors on Friday. The firm set a “strong-buy” rating on the business services provider’s stock.
Tarena International Price Performance
Shares of TEDU stock opened at $2.23 on Friday. The stock has a market capitalization of $23.99 million, a PE ratio of -4.46 and a beta of -0.53. The firm has a 50 day moving average of $2.45 and a two-hundred day moving average of $3.23. Tarena International has a 52 week low of $2.10 and a 52 week high of $7.54.
Tarena International (NASDAQ:TEDU – Get Free Report) last announced its quarterly earnings data on Monday, June 12th. The business services provider reported ($0.68) earnings per share for the quarter. The firm had revenue of $56.08 million during the quarter. Tarena International had a negative net margin of 1.68% and a negative return on equity of 0.46%.
About Tarena International
Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People's Republic of China. It operates through two segments, IT Professional Education; and IT-focused Supplementary STEAM Education Services.
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