Tarena International (NASDAQ:TEDU) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Tarena International (NASDAQ:TEDUGet Rating) in a research note issued on Wednesday. The firm set a “strong-buy” rating on the business services provider’s stock.

Separately, EF Hutton Acquisition Co. I lowered their price target on shares of Tarena International from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, March 29th.

Tarena International Stock Down 7.5 %

Shares of NASDAQ:TEDU opened at $3.71 on Wednesday. Tarena International has a 12 month low of $2.07 and a 12 month high of $8.25. The company’s fifty day simple moving average is $3.97 and its 200 day simple moving average is $4.72. The firm has a market cap of $42.00 million, a price-to-earnings ratio of 4.64 and a beta of -0.44.

About Tarena International

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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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