Shares of TAL Education Group (NYSE:TAL - Get Free Report) rose 6.2% during trading on Monday . The stock traded as high as $14.03 and last traded at $14.13. Approximately 2,504,066 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 6,410,957 shares. The stock had previously closed at $13.30.
Analysts Set New Price Targets
A number of equities research analysts recently commented on TAL shares. UBS Group lifted their price target on shares of TAL Education Group from $16.40 to $17.20 and gave the stock a "buy" rating in a report on Friday, January 24th. StockNews.com raised shares of TAL Education Group from a "sell" rating to a "hold" rating in a research note on Friday, January 24th.
View Our Latest Research Report on TAL Education Group
TAL Education Group Price Performance
The company has a 50 day moving average of $12.63 and a two-hundred day moving average of $10.88. The company has a market capitalization of $7.96 billion, a PE ratio of 69.29 and a beta of 0.06.
Institutional Trading of TAL Education Group
A number of large investors have recently made changes to their positions in TAL. SBI Securities Co. Ltd. purchased a new stake in TAL Education Group in the fourth quarter worth $40,000. Point72 DIFC Ltd bought a new position in shares of TAL Education Group during the 3rd quarter worth approximately $48,000. iA Global Asset Management Inc. purchased a new stake in shares of TAL Education Group during the 4th quarter valued at $79,000. Blue Trust Inc. raised its stake in TAL Education Group by 28.1% in the fourth quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock valued at $99,000 after buying an additional 2,158 shares during the last quarter. Finally, DRW Securities LLC acquired a new stake in TAL Education Group in the 3rd quarter worth approximately $128,000. 37.79% of the stock is currently owned by institutional investors.
TAL Education Group Company Profile
(
Get Free Report)
TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.
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