Tarena International (NASDAQ:TEDU) Upgraded at ValuEngine

ValuEngine upgraded shares of Tarena International (NASDAQ:TEDU) from a hold rating to a buy rating in a research note published on Thursday, ValuEngine reports.

Separately, Zacks Investment Research upgraded 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 given a hold rating and one has assigned a buy rating to the company’s stock. Tarena International currently has a consensus rating of Hold and a consensus price target of $6.90.

Tarena International stock traded up $0.03 during midday trading on Thursday, reaching $1.49. 46,308 shares of the company were exchanged, compared to its average volume of 1,168,400. The company’s 50-day moving average is $1.99. Tarena International has a 1 year low of $0.91 and a 1 year high of $9.36.

A hedge fund recently bought a new stake in Tarena International stock. Jane Street Group LLC purchased a new position in Tarena International Inc (NASDAQ:TEDU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 24,733 shares of the business services provider’s stock, valued at approximately $156,000. 25.70% of the stock is owned by institutional investors and hedge funds.

About Tarena International

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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