TAL Education Group (XRS) Shares are Up 2%

TAL Education Group (XRS) has been under a strong bear grip, hence the stock is down -1.79% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.94% in the past 1 week. The stock has risen by 2% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.78% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.26% and the 50-Day Moving Average is 3.74%. TAL Education Group (NYSE:XRS): stock turned positive on Friday. Though the stock opened at $60.77, the bulls momentum made the stock top out at $61.87 level for the day. The stock recorded a low of $60.655 and closed the trading day at $61.21, in the green by 0.84%. The total traded volume for the day was 784,105. The stock had closed at $60.7 in the previous days trading.


Institutional Investors own 52.61% of TAL Education Group shares. Also, Brean Capital initiates coverage on TAL Education Group (NYSE:XRS).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Brean Capital announces the price target of $72 per share. The rating by the firm was issued on July 27, 2016.

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.

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