Tarena International (TEDU) Sets New 12-Month Low at $5.71

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Tarena International Inc (NASDAQ:TEDU)’s share price reached a new 52-week low on Monday . The company traded as low as $5.71 and last traded at $5.84, with a volume of 44554 shares changing hands. The stock had previously closed at $5.90.

A number of equities analysts have recently weighed in on the stock. ValuEngine lowered shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. BidaskClub lowered shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd. Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a research report on Saturday, December 8th. TheStreet lowered shares of Tarena International from a “c-” rating to a “d+” rating in a research report on Thursday, November 29th. Finally, Credit Suisse Group downgraded shares of Tarena International from a “neutral” rating to an “underperform” rating in a report on Tuesday, March 12th. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Sell” and a consensus target price of $6.90.

The firm has a market cap of $325.04 million, a PE ratio of -3.69 and a beta of 0.72.

Tarena International (NASDAQ:TEDU) last released its earnings results on Monday, March 11th. The business services provider reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.20). Tarena International had a negative net margin of 26.91% and a negative return on equity of 49.52%. The company had revenue of $88.97 million during the quarter. On average, sell-side analysts predict that Tarena International Inc will post -1.17 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can purchased a new position in shares of Tarena International during the 3rd quarter worth approximately $130,000. BlackRock Inc. boosted its position in shares of Tarena International by 5.0% during the 3rd quarter. BlackRock Inc. now owns 709,415 shares of the business services provider’s stock worth $5,760,000 after purchasing an additional 33,904 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Tarena International by 4.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 433,886 shares of the business services provider’s stock worth $3,523,000 after purchasing an additional 17,389 shares during the period. Virtu Financial LLC purchased a new position in shares of Tarena International during the 4th quarter worth approximately $184,000. Finally, Prudential PLC purchased a new position in shares of Tarena International during the 4th quarter worth approximately $2,296,000. Hedge funds and other institutional investors own 27.43% of the company’s stock.

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About Tarena International (NASDAQ:TEDU)

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes in the People's Republic of China. It offers education courses in 13 information technology (IT) subjects, such as Java, .NET, C++, software testing, embedded, PHP, Android, iOS, Linux and network engineering, Big Data, Web front-end development, VR/AR, and Python; and 3 non-IT subjects, including digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

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