New Oriental Education Tech traded at $54.48 this Tuesday September 29th, decreasing $1.39 or 2.49 percent since the previous trading session. Looking back, over the last four weeks, New Oriental Education Tech lost 5.61 percent. Over the last 12 months, its price rose by 6.10 percent. Looking ahead, we forecast New Oriental Education Tech to be priced at 53.42 by the end of this quarter and at 49.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
New Oriental Education & Technology Group Inc is a China-based company principally engaged in the provision of educational programs, services and products. The Company provides educational services under its New Oriental brand. The Company operates its businesses through seven segments, including K-12 AST, test preparation and other courses (formerly known as language training and test preparation courses), primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour. The Company delivers education to its students in traditional classroom settings, in a combination of online and offline classroom setting with dualteacher model, and through pure-play online platforms.