Why Is It Moving? Analyzing The Downward Movement in New Oriental Education's Stock Today
The Price And Volume Action In New Oriental Education's Stock Today
New Oriental Education's (NYSE:EDU) stock has been falling Friday, down 9.55% to a price of $166.43. The stock's volume is currently 677.56 thousand, which is roughly 66.74% of its recent 30-day volume average of 1.02 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: New Oriental Education Technology Group shares are trading lower after the company reported Q2 earnings results.
Further Analysis of Recent Price Action
The stock's 50-day moving average was $171.09 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $187.43 and fallen to a low of $102.01.
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