TAL Education Group (NYSE:XRS) has risen sharply, recording gains of 13.67% in the past 4 weeks. However, the stock has corrected -1.46% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 11.86% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 85.51% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $64.29 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $56.84 and the 200 Day Moving Average price is recorded at $51.73.
The stock has recorded a 20-day Moving Average of 7.82% and the 50-Day Moving Average is 10.42%.
TAL Education Group (NYSE:XRS): On Fridays trading session , Opening price of the stock was $61.52 with an intraday high of $62.13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $61.42. However, the stock managed to close at $61.96, a loss of 0.06% for the day. On the previous day, the stock had closed at $62. The total traded volume of the day was 688,678 shares.
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the Peoples Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in the PRC. The Company offer tutoring services to K-12 students covering core academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese, among others, as well as, through its Mobby tutoring services, young learners tutoring services for students aged two through eight. It delivers its tutoring services primarily through small classes (including Xueersi Peiyou and Mobby tutoring services), personalized premium services and online course offerings. Its educational network consists of approximately 289 learning centers and approximately 267 service centers in 19 cities throughout China.