Tarena International (NASDAQ:TEDU) Stock Rating Upgraded by ValuEngine

Tarena International (NASDAQ:TEDU) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, ValuEngine reports.

Separately, Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a research report on Wednesday, May 15th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $6.90.

Shares of Tarena International stock traded up $0.03 during trading hours on Thursday, reaching $1.49. The company’s stock had a trading volume of 46,308 shares, compared to its average volume of 1,161,180. The business’s 50 day moving average price is $1.99. Tarena International has a one year low of $0.91 and a one year high of $9.36.

An institutional investor recently raised its position in Tarena International stock. BlackRock Inc. boosted its position in Tarena International Inc (NASDAQ:TEDU) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 772,678 shares of the business services provider’s stock after purchasing an additional 63,263 shares during the quarter. BlackRock Inc. owned about 1.40% of Tarena International worth $4,868,000 at the end of the most recent quarter. 25.70% of the stock is currently owned by institutional investors and hedge funds.

Tarena International Company Profile

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes in the People's Republic of China. It offers education courses in 13 information technology (IT) subjects, such as Java, .NET, C++, software testing, embedded, PHP, Android, iOS, Linux and network engineering, Big Data, Web front-end development, VR/AR, and Python; and 3 non-IT subjects, including digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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