Why TAL Education And New Oriental Education Shares Are Rising

Comments
Loading...

Shares of Chinese education companies, including TAL Education Group TAL and New Oriental Education & Tech Grp EDU are trading higher amid overall Chinese market strength. The sector may also be reacting to Monday reports China plans to issue licenses allowing companies to offer after-school tutoring.

Shares of Chinese education stocks are volatile on continued regulatory-driven in the sector. Chinese education stocks have been trading lower in recent months following a policy from the Chinese government which may force for-profit education companies to become non-profit.

See Also: Why FuelCell Shares Are Rising

TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services and online courses.

EDU is the largest well-established one-stop shopping private educational services provider in China.

TAL has a 52-week high of $90.96 and a 52-week low of $3.76. EDU has a 52-week high of $19.97 and a 52-week low of $1.68.

EDU Logo
EDUNew Oriental Education & Technology Group Inc
$52.563.46%

Stock Score Locked: Want to See it?

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

Reveal Full Score
Edge Rankings
Momentum16.16
Growth80.77
Quality83.58
Value73.26
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: