New Oriental Education & Technology Group Inc. ADR’s filing revealed that its Officer Hsieh Louis acquired Company’s shares for reported $1.3 million on Jan 22 ’25. In the deal valued at $60.84 per share,21,363 shares were bought.
Then, Hsieh Louis bought 21,363 shares, generating $1,321,729 in total proceeds.
China Renaissance downgraded its New Oriental Education & Technology Group Inc. ADR [EDU] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Morgan Stanley also remained covering EDU and has decreased its forecast on January 22, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Macquarie revised its rating on January 22, 2025. It rated EDU as “an Underperform” which previously was an “an Outperform”.
Price Performance Review of EDU
On Friday, New Oriental Education & Technology Group Inc. ADR [NYSE:EDU] saw its stock jump 1.47% to $46.80. Over the last five days, the stock has gained 4.42%. New Oriental Education & Technology Group Inc. ADR shares have fallen nearly -27.08% since the year began. Nevertheless, the stocks have fallen -47.24% over the past one year. While a 52-week high of $88.45 was reached on 01/07/25, a 52-week low of $40.66 was recorded on 04/08/25. SMA at 50 days reached $47.81, while 200 days put it at $59.47.
Levels Of Support And Resistance For EDU Stock
The 24-hour chart illustrates a support level at 45.90, which if violated will result in even more drops to 45.01. On the upside, there is a resistance level at 47.47. A further resistance level may holdings at 48.15. The Relative Strength Index (RSI) on the 14-day chart is 53.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.28%. Stochastics %K at 70.47% indicates the stock is a holding.
How much short interest is there in New Oriental Education & Technology Group Inc. ADR?
A steep rise in short interest was recorded in New Oriental Education & Technology Group Inc. ADR stocks on 2025-04-15, dropping by -0.47 million shares to a total of 7.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.39 million shares. There was a decline of -5.95%, which implies that there is a negative sentiment for the stock.
