|Bid||0.0000 x 27000|
|Ask||0.0000 x 36100|
|Day's range||2.1400 - 2.2700|
|52-week range||1.6800 - 19.9740|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||10.70|
|Earnings date||28 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||01 Sep 2017|
|1y target est||8.92|
Shares of New Oriental Education (NYSE: EDU) traded sharply higher today, gaining as much as 13%. The private education stock got a boost from China's decision to back skills-based education and push vocational training. In a press release that dropped late yesterday, the Chinese government laid out a strategy to promote vocational education among its population.
Some Chinese companies have seen their industries uprooted, while others are facing increased regulations.
Morgan Stanley gave the all-clear to investors to begin bargain hunting in China's hard-hit education sector.