StockNews.com Begins Coverage on Tarena International (NASDAQ:TEDU)

StockNews.com began coverage on shares of Tarena International (NASDAQ:TEDU – Get Rating) in a research note published on Thursday morning. The brokerage issued a strong-buy rating on the business services provider’s stock.

Separately, EF Hutton Acquisition Co. I assumed coverage on Tarena International in a research report on Monday, February 27th. They set a buy rating and a $12.00 price objective for the company.

Tarena International Trading Up 10.8 %

Shares of NASDAQ:TEDU opened at $4.30 on Thursday. The business has a 50-day moving average price of $5.24 and a 200 day moving average price of $5.38. The company has a market capitalization of $48.68 million, a price-to-earnings ratio of 7.96 and a beta of -0.37. Tarena International has a 12-month low of $2.06 and a 12-month high of $8.25.

Tarena International Company Profile

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Tarena International, Inc operates as a holding company which provides IT professional education services. Its courses include IT subjects, non-IT subjects and K-12 education programs. It operates through the following segments: Adult Training and Kid Training. The Adult Training segment provides students with an education platform combines live distance instruction, classroom-based tutoring and online learning modules.