In yesterday’s Wall Street session, TAL Education Group ADR (NYSE:TAL) shares traded at $12.95, up 7.65% from the previous session.
TAL stock price is now 29.02% away from the 50-day moving average and 24.14% away from the 200-day moving average. The market capitalization of the company currently stands at $5.93B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, LIU YACHAO, Officer bought 24,041 shares of the company’s stock on Jan 27 ’25. The stock was bought for $281,039 at an average price of $11.69. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 28 ’24, Officer PENG ALEX ZHUANGZHUANG bought 25,302 shares of the business’s stock. A total of $277,816 was incurred on buying the stock at an average price of $10.98. A total of 3.01% of the company’s stock is owned by insiders.
During the past 12 months, TAL Education Group ADR has had a low of $7.34 and a high of $15.52. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 2.57, and a quick ratio of 2.51. The fifty day moving average price for TAL is $10.037 and a two-hundred day moving average price translates $10.43165 for the stock.
The latest earnings results from TAL Education Group ADR (NYSE: TAL) was released for 2024-08-31. The net profit margin was 5.77% and return on equity was 3.23% for TAL. The company reported revenue of $619.36 million for the quarter, compared to $411.93 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 50.36 percent.
