Tarena International Inc (NASDAQ:TEDU) saw a significant decrease in short interest in January. As of January 12th, there was short interest totalling 792,589 shares, a decrease of 23.9% from the December 29th total of 1,041,446 shares. Based on an average daily volume of 111,582 shares, the days-to-cover ratio is currently 7.1 days. Approximately 1.7% of the shares of the stock are sold short.
Tarena International (TEDU) opened at $13.55 on Monday. Tarena International has a 1 year low of $12.52 and a 1 year high of $21.70. The firm has a market cap of $764.88, a price-to-earnings ratio of 26.06, a price-to-earnings-growth ratio of 1.65 and a beta of 0.98.
Tarena International (NASDAQ:TEDU) last posted its quarterly earnings data on Monday, November 20th. The business services provider reported $0.24 earnings per share for the quarter. Tarena International had a net margin of 11.77% and a return on equity of 13.44%. equities analysts expect that Tarena International will post 0.5 earnings per share for the current fiscal year.
A number of research firms recently issued reports on TEDU. BidaskClub downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a research note on Thursday. Jefferies Group cut shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Finally, Zacks Investment Research cut shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Tarena International presently has a consensus rating of “Hold” and an average target price of $20.13.
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Tarena International Company Profile
Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.
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