With the current price of $1.35, the stock of Four Seasons Education (Cayman) Inc. (NYSE:FEDU) concluded the trading session seeing its price rise by 0.16 points or at a gain of 13.44% compared to its previous day’s closing price of $1.19. About 1.703 million shares of the stock changed hands on the day. The trading volume of FEDU’s shares during the past session compares with the stock’s average daily trading volume of 0.101 million shares. On the other hand, a float of 45 million shares and a weekly performance of 2.59% make the stock worth to keep an eye on. Analysts are in agreement on an annual target price of $0 for FEDU’s share which suggests that the stock, price of which is currently buoying between $1.18 and $1.22, is prone to a loss of -100%.
The latest data released on July 31, 2020 shows that the short float in the Four Seasons Education (Cayman) Inc.’s stock is trending downward as short interest in FEDU shares turned down leaving more number of shares available to public for trading. Number of shares shorted in the FEDU is currently comprised of 0.04% of the float .
After concluding the day’s trading, price of Four Seasons Education (Cayman) Inc. (NYSE:FEDU) is up $0.17 over the week and it is $0.14 above 20-day average price. The highest price touched by the stock on the day was lower than 52-week high price of $2.34 that was attained on 08/23/19.
The stock has traded as low as $1.06 in past 52-week, and its current price is 27.36% above from that 52-week low price mark recorded on 04/23/20, which is an indicator that could increase the investors’ motivation level in taking advantage of price surge the stock has currently been going through. Stock currently has its beta at 0. A beta value of more than 1 represents higher volatility of a stock than that of the market and for the reason investors closely watch the behavior of such stock.
Current indicators are pointing at 67.53 as 14-days RSI of Four Seasons Education (Cayman) Inc. This means that the FEDU is currently in a neutral territory and its share’s price movement is likely to be steady for a while. Similarly, the stochastic oscillator is indicating a momentum of 35.8%, implying stock’s share price is buoying in a neutral state.
Technical chart is showing 1st resistance point of $1.5133 for the FEDU’s share while placing it at a 2nd resistance point of $1.6767 to be settled at. But if the stock takes a plunge lower than the 1st support price of $1.1733 then its market would become weakened. And that would likely sliding the stock price down to 2nd support price level of $0.9967.
MACD oscillator is showing a reading of 0.0456 for the stock which means that it is currently in the green zone. Any movement above or below the zero level of the indicator has always being noticed by the investors as it makes them compare the stock’s average measure in short-term with that in the long-term. An MACD evaluation of more than zero means that stock has a stronger short-term average than long-term average, which implies that stock’s price is likely to climb up. But an MACD below zero indicates weaker short-term average compare to the long-term average.
Citigroup lowered its recommendation for FEDU stock from Neutral to Sell in a review note dated September 13.
A quick look at other side of the picture shows that FEDU stock is lagging behind earnings per share estimates with a forward price-to-earnings ratio of 0. Stock’s current price-to-sales (P/S) ratio of 0 is at the rear of industry’s average P/S ratio of 102.5. A comparison of Four Seasons Education (Cayman) Inc.’s trailing 12-months P/E ratio of 0.6 implies that it is trading above the industry’s average P/E ratio, which currently is 6.6.