Tarena International (NASDAQ:TEDU) Receives New Coverage from Analysts at StockNews.com

Posted by on Jul 14th, 2023

Equities researchers at StockNews.com started coverage on shares of Tarena International (NASDAQ:TEDU – Get Free Report) in a research note issued on Friday. The brokerage set a “strong-buy” rating on the business services provider’s stock.

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

Tarena International Price Performance

NASDAQ:TEDU opened at $2.44 on Friday. The firm has a market cap of $27.62 million, a price-to-earnings ratio of 48.81 and a beta of -0.51. The company has a 50 day moving average price of $3.03 and a 200-day moving average price of $4.05. Tarena International has a 1-year low of $2.40 and a 1-year high of $8.25.

Tarena International (NASDAQ:TEDU – Get Free Report) last released its earnings results on Monday, June 12th. The business services provider reported ($0.68) earnings per share for the quarter. The firm had revenue of $56.08 million for the quarter. Tarena International had a negative return on equity of 0.46% and a net margin of 0.32%.

Tarena International Company Profile

(Get Free Report)

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People's Republic of China. It operates through two segments, IT Professional Education; and IT-focused Supplementary STEAM Education Services.

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