TAL International Group (NYSE:TAL) : Traders are bullish on TAL International Group (NYSE:TAL) as it has outperformed the S&P 500 by a wide margin of 6.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.49%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.88% in the last 1 week, and is up 7.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -52.20% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $31.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.03 and the 200 Day Moving Average price is recorded at $13.54.
The stock has recorded a 20-day Moving Average of 10.59% and the 50-Day Moving Average is 2.73%.
TAL International Group (NYSE:TAL): stock turned positive on Friday. Though the stock opened at $13.9, the bulls momentum made the stock top out at $14.83 level for the day. The stock recorded a low of $13.6901 and closed the trading day at $14.79, in the green by 9.47%. The total traded volume for the day was 686,541. The stock had closed at $13.51 in the previous days trading.
In an insider trading activity,The officer (VP,Controller, Principal Acct.) of Tal International Group, Inc., Gallagher Michelle sold 1,750 shares at $45.07 on August 19, 2014. The Insider selling transaction had a total value worth of $78,873. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
TAL International Group, Inc. is a lessor of intermodal containers and chassis. The Company leases intermodal transportation equipment, primarily maritime containers and provides maritime container management services through a network of offices, third-party depots and other facilities. The Company operates in two segments: Equipment leasing and Equipment trading. The Companys equipment leasing operations include the acquisition, leasing, re-leasing and sale of types of intermodal transportation equipment, primarily intermodal containers. The Company leases five types of equipment, which include dry freight containers, refrigerated containers, special containers, tank containers and chassis. Through its operating network, the Company purchases containers from shipping line customers and other sellers of containers, and resell these containers to retailers and users. The Company owned fleet included approximately 2,752,948 cost equivalent units (CEU).