Equities research analysts at StockNews.com started coverage on shares of Tarena International (NASDAQ:TEDU – Get Rating) in a report issued on Tuesday. The brokerage set a "strong-buy" rating on the business services provider's stock.
Tarena International Stock Performance
TEDU stock opened at $5.00 on Tuesday. The stock's 50 day simple moving average is $5.34 and its 200 day simple moving average is $5.60. Tarena International has a fifty-two week low of $1.89 and a fifty-two week high of $8.25. The company has a market cap of $56.60 million, a P/E ratio of 9.26 and a beta of -0.38.
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Tarena International (NASDAQ:TEDU – Get Rating) last posted its quarterly earnings results on Tuesday, November 29th. The business services provider reported $0.34 earnings per share for the quarter. The firm had revenue of $90.44 million for the quarter.
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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