Why Chinese Education Stocks Are Trading Lower Today

Comments
Loading...

Shares of several Chinese education stocks are trading lower following reports suggesting China will impose tougher restrictions on the private tutoring industry, including bans on vacation tutoring.

Analysts from Morgan Stanley also downgraded the Chinese education stocks.

TAL Education Group TAL is one of the leading K-12 after-school tutoring providers in China. The stock was trading about 10.7% lower at $25.75 at the time of publication. The stock has a 52-week high of $90.96 and a 52-week low of $25.25.

New Oriental Education & Technology Group Inc. EDU provides private educational services under the New Oriental brand in the People's Republic of China. The stock was trading about 8% lower at $8.73 per share on Wednesday at the time of publication. The stock has a 52-week high of $19.97 and a 52-week low of $7.71.

17 Education & Technology Group Inc. YQ is an online tutoring company. The stock was trading about 6.7% lower at $4.13per share on Wednesday at the time of publication. The stock has a 52-week high of $23.93 and a 52-week low of $3.82.

EDU Logo
EDUNew Oriental Education & Technology Group Inc
$40.94-3.85%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
12.94
Growth
85.51
Quality
88.52
Value
74.55
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: