New Oriental Education & Technology Group Inc. (#EDU) Stock Price, Live Chart & Analysis | Trade #EDU
New Oriental Education & Technology Group Inc. is China's largest educational service provider, founded in 1993 and headquartered in Beijing. The company provides a wide range of educational services: pre-school education, general comprehensive courses, consultations on studying abroad, online courses, and textbook publication. New Oriental has been listed on the New York Stock Exchange since 2006 under the ticker symbol #EDU.
The price of New Oriental stocks largely depends on China’s regulatory policy. The Chinese authorities often introduce new requirements and restrictions on the activities of educational organizations. For example, in 2021, additional control over private educational institutions was introduced, and the #EDU fell in price.
When trading New Oriental stocks, it is essential to monitor the company news, including the announcements of its founder Yu Minhong. For instance, in March 2022, Minhong published an open letter announcing the closure of secondary education classes at one of the company's schools. As a result, New Oriental's share price fell.
The company’s financial performance can suggest the direction of the stock’s long-term trend. Rising profits, new regional offices, and new educational services are bullish drivers for the #EDU. Conversely, massive layoffs or lower revenue forecasts negatively affect the stock price.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
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SellBuyActive SellActive Buy
| Sell | 61.49 |
| Buy | 61.53 |
| Sentiment | 93.3% ▴ |
| 1-day change | -0.05(-0.08%) |
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#EDU (#EDU) shares’ cost is $61.53 for today. The highest rate of shares #EDU (#EDU) for today is $61.7350, the lowest price is $60.0000. The opening price was $61.
A real-time chart for #EDU (#EDU) shares quote is provided below.
Price chart of #EDU in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close61.15
Day's Range60.0000 - 61.7350
Opening61
52 wk Range53.3-98.2
Volume2,027,392
Shares Outstanding165,512,429
Average Volume1,775,236
Market Cap10.18B
1-Year Return5.71%
EPS1.87
Beta0.44
Revenue4.31B
P/E Ratio38.47
Dividends0.58(0.94%)
Next Earnings Date2024-10-22
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
| #AA | N/A | N/A | -0.42 | -1.29% |
| #ABBV | N/A | N/A | 8.4 | 4.47% |
| #ABT | N/A | N/A | 6.45 | 6.04% |
| #ADM | N/A | N/A | -0.71 | -1.15% |
| #AMWL | N/A | N/A | -2.03 | -19.77% |
| #AXP | N/A | N/A | 6.6 | 2.62% |
| #BA | N/A | N/A | -11.02 | -5.98% |
| #BABA | N/A | N/A | 4.04 | 5.10% |
| #BAC | N/A | N/A | 1.1 | 2.77% |
| #BB | N/A | N/A | -0.07 | -2.90% |
| #CAT | N/A | N/A | 11.36 | 3.30% |
| #CLX | N/A | N/A | 27.22 | 20.76% |
| #COTY | N/A | N/A | -0.48 | -4.87% |
| #CVX | N/A | N/A | -8.8 | -5.62% |
| #DIS | N/A | N/A | -3.11 | -3.33% |
| #DVN | N/A | N/A | -1.68 | -3.61% |
| #EDU | N/A | N/A | -0.05 | -0.08% |
| #F | N/A | N/A | 0.34 | 3.13% |
| #FIS | N/A | N/A | 6.07 | 7.95% |
| #FTI | N/A | N/A | -2.65 | -8.99% |
| #GD | N/A | N/A | 3.23 | 1.09% |
| #GE | N/A | N/A | 0.56 | 0.32% |
| #GPN | N/A | N/A | 10.02 | 9.94% |
| #HD | N/A | N/A | 1.11 | 0.30% |
| #HPQ | N/A | N/A | 0.12 | 0.33% |
| #IBM | N/A | N/A | 10.16 | 5.29% |
| #JNJ | N/A | N/A | 7.63 | 4.82% |
| #JPM | N/A | N/A | 14.05 | 6.67% |
| #KMI | N/A | N/A | 0.54 | 2.57% |
| #KO | N/A | N/A | 5.73 | 8.59% |
| #KODK | N/A | N/A | -0.49 | -8.51% |
| #LMT | N/A | N/A | 26.68 | 4.93% |
| #MA | N/A | N/A | 18.68 | 4.02% |
| #MCD | N/A | N/A | 25.11 | 9.53% |
| #MLM | N/A | N/A | -55.64 | -9.44% |
| #MMM | N/A | N/A | 8.5 | 6.73% |
| #MO | N/A | N/A | 4.3 | 8.69% |
| #MS | N/A | N/A | 0.79 | 0.77% |
| #NIO | N/A | N/A | -0.24 | -5.61% |
| #NSC | N/A | N/A | 7.85 | 3.16% |
| #OXY | N/A | N/A | -3.23 | -5.37% |
| #PFE | N/A | N/A | -1.24 | -4.10% |
| #PG | N/A | N/A | 10.45 | 6.49% |
| #PM | N/A | N/A | 8 | 6.94% |
| #RNG | N/A | N/A | -1.28 | -3.71% |
| #RTX | N/A | N/A | 6.62 | 5.67% |
| #SLB | N/A | N/A | -3.5 | -7.37% |
| #SNOW | N/A | N/A | -13.68 | -10.73% |
| #SQ | N/A | N/A | 2.79 | 4.41% |
| #STZ | N/A | N/A | -5.06 | -2.06% |
| #T | N/A | N/A | 0.74 | 3.86% |
| #TAP | N/A | N/A | 1.08 | 2.05% |
| #TME | N/A | N/A | -3.5 | -25.18% |
| #TOT | N/A | N/A | 1.61 | 2.39% |
| #V | N/A | N/A | 11.28 | 4.26% |
| #VMC | N/A | N/A | -28.04 | -10.29% |
| #VZ | N/A | N/A | 1.46 | 3.62% |
| #WMT | N/A | N/A | 8.17 | 11.83% |
| #XOM | N/A | N/A | -0.75 | -0.63% |
| #NFLX | N/A | N/A | 58.67 | 9.14% |
| #NKE | N/A | N/A | N/A | N/A |
Interesting facts about the #EDU (New Oriental Education & Technology Group Inc.)
New Oriental Education & Technology Group held an IPO on the NYSE in 2006. The company's shares entered the Chinese market much later. EDU started trading on the Hong Kong Stock Exchange in 2020. Despite closing at HK$1,365 on the first day (up 14.7% from the offer price), the shares were delisted in April 2021. According to financial analysts, this was due to the tough policy of the Chinese authorities.
EDU's share price has been negatively affected by COVID-19. Before the pandemic, New Oriental focused on preparing students for studying abroad, but due to lockdowns, Chinese students postponed the move. As a result, the share price of educational companies fell by about 55.9% in the first half of 2021.
Chinese authorities dealt another blow to New Oriental shares. In 2021, paid commercial services for K-9 programs (grades 1 to 9) were banned, which affected the private tutoring sector. The company was forced to close hundreds of training centers across the country and refund tuition fees to customers. As a result, the share price fell by 90%.
The future EDU trend depends on how New Oriental can adapt to new realities, reorganize its business for high school students and successfully launch online courses around the world.
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