|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||24.53 - 25.61|
|52-week range||8.40 - 29.73|
|Beta (5Y monthly)||0.54|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||01 Sept 2017|
|1y target est||N/A|
New Oriental Education & Technology (NYSE: EDU) shareholders beat a surging market this week. The Chinese education services specialist's shares rose 17% through Friday afternoon trading, according to data provided by S&P Global Market Intelligence, compared to a 4% surge in the S&P 500. New Oriental on Wednesday announced fiscal fourth-quarter results for the period that ended in late May. Sales fell sharply as the company reduced its footprint in some areas while expanding more deeply into some established markets in big Chinese cities.
Today, you will hear from Stephen Yang, executive president and chief financial officer. New Oriental does not undertake any obligation to update any forward-looking statements except as required under applicable law. In addition, a webcast of conference call will be available on the Oriental Investor Relations website at investor.neworiental.org.
Stocks of some of China's most popular companies slumped on Monday after fears arose regarding the potential for another COVID-19 surge. Shares of JD.com (NASDAQ: JD) slipped as much as 5.6%, New Oriental Education & Technology Group (NYSE: EDU) fell as much as 10%, and Huya (NYSE: HUYA) slumped as much as 10.7%. Several developments weighed on the major Chinese market indexes on Monday, as the Hang Seng Index declined 2.8% and the Shanghai Composite Index was down 1.3%.