TAL Education Group (NYSE:TAL) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

TAL Education Group (NYSE:TAL)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.24 and traded as high as $11.92. TAL Education Group shares last traded at $11.5040, with a volume of 3,145,151 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Macquarie Infrastructure raised shares of TAL Education Group from a “neutral” rating to an “outperform” rating and set a $18.00 target price on the stock in a research report on Friday, January 30th. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Finally, Macquarie Capit upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, TAL Education Group presently has a consensus rating of “Buy” and an average price target of $15.18.

TAL Education Group Stock Down 3.2%

The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 23.97 and a beta of 0.08. The firm has a 50 day moving average price of $11.37 and a two-hundred day moving average price of $11.24.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in TAL Education Group in the second quarter worth $1,887,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in TAL Education Group in the second quarter valued at about $2,855,000. Prudential PLC increased its stake in shares of TAL Education Group by 6.0% in the 2nd quarter. Prudential PLC now owns 231,037 shares of the company’s stock valued at $2,361,000 after acquiring an additional 13,081 shares during the last quarter. KBC Group NV grew its holdings in TAL Education Group by 606.2% during the second quarter. KBC Group NV now owns 143,623 shares of the company’s stock valued at $1,468,000 after purchasing an additional 123,286 shares during the period. Finally, Aviva PLC increased its position in shares of TAL Education Group by 3.9% in the 2nd quarter. Aviva PLC now owns 298,838 shares of the company’s stock valued at $3,054,000 after buying an additional 11,307 shares in the last quarter. 37.79% of the stock is owned by institutional investors and hedge funds.

TAL Education Group Company Profile

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.