Markets
EDU

New Oriental (EDU) Jumps: Stock Moves Up 6.9% in Session

An image of stock prices rising and declining in value
Credit: Shutterstock photo

New Oriental Education & Technology Group Inc.EDU was a big mover last session, as its shares rose almost 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 25% in the past one-month time frame.

The company has seen two positive and one negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

New Oriental currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

New Oriental Education & Technology Group, Inc. Price

New Oriental Education & Technology Group, Inc. Price | New Oriental Education & Technology Group, Inc. Quote

A better-ranked stock in the Schools space is Bridgepoint Education, Inc. BPI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

New Oriental Education & Technology Group, Inc. (EDU): Free Stock Analysis Report

Bridgepoint Education, Inc. (BPI): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

EDU

Other Topics

Investing Stocks