|Bid||37.33 x 800|
|Ask||37.40 x 800|
|Day's range||37.32 - 38.90|
|52-week range||9.29 - 46.63|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||156.17|
|Earnings date||24 Apr 2023 - 28 Apr 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||01 Sept 2017|
|1y target est||48.57|
The broad S&P 500 index was up a solid 2.1% as of 11:30 a.m. ET, but shares of China's New Oriental Education & Technology Group (NYSE: EDU) were off 7%, Gaotu Techedu (NYSE: GOTU) had slid by 7.6%, and TAL Education (NYSE: TAL) was doing worst of all -- down 12.4%. The news here is both good and bad.
Shares of several Chinese stocks dropped Tuesday on weak economic data and as tensions between the U.S. and China continued to ratchet up. Shares of the video platform Bilibili (NASDAQ: BILI) were trading roughly 3.6% lower as of 11:30 a.m. ET, shares of the live-streaming company Huya (NYSE: HUYA) traded 3.7% lower, and shares of online tutoring company New Oriental Education & Technology Group (NYSE: EDU) were down by about 7.5%. Beijing has relaxed its "zero COVID" policies and ended its strict lockdowns in an effort to get China's economic growth back on track, but amid conflicting data, there has been a lot of debate about whether or not it can bounce back as fast as investors hope.
Image source: The Motley Fool. New Oriental Education & Technology Group (NYSE: EDU)Q2 2023 Earnings CallJan 17, 2023, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood evening, and thank you for standing by for New Oriental's fiscal year 2023 second-quarter results earnings conference call.