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New Oriental (EDU) Jumps: Stock Moves Up 6.5% in Session

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New Oriental Education & Technology Group Inc. (EDU - Free Report) was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 14% in the past one-month time frame.

The company has seen one positive estimate revision in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

New Oriental currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Schools space is TAL Education Group (TAL - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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