Four Seasons Education (Cayman) Inc. (NYSE:FEDU) is one of the best performers on the stock market today. At current price of $1.85, the shares have already added 0.08 points (4.52% higher) from its previous close of $1.77. Should you buy or avoid them? The stock sets an active trading volume day with a reported 317547 contracts so far this session. FEDU shares had a relatively better volume day versus average trading capacity of 31.42 million shares, but with a 47.17 million float and a 9.94% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for FEDU stock indicates that the average analyst price target is $4.37 per share. This means the stock has a potential increase of 136.22% from where the FEDU share price has been trading recently.
During the recent trading session for Four Seasons Education (Cayman) Inc. (NYSE:FEDU), the company witnessed their stock rise $0.25 over a week and surge $0.03 from the price 20 days ago. When compared to their established 52-week high of $2.78, the high they recorded in their recent session happens to be higher. Their established 52-week high was attained by the company on 01/25/19. The recent low of $1.52 stood for a -33.45% since 07/31/19, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 0 is also allocated to the stock. Since the beta is less than one, it implies that the stock is more volatile than the market, a data that traders are keeping close attention to.
Looking at the current readings for Four Seasons Education (Cayman) Inc., the two-week RSI stands at 54.99. This figure suggests that FEDU stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current FEDU readings is similarly very revealing as it has a stochastic reading of 71.97% at this stage. This figure means that FEDU share price today is being oversold.
Technical chart claims that Four Seasons Education (Cayman) Inc. (FEDU) would settle between $1.81/share to $1.85/share level. However, if the stock price goes below the $1.72 mark, then the market for Four Seasons Education (Cayman) Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $1.67 for its downside target. The stock is currently in the green zone of MACD, with the indicator reading 0.1. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.
Analysts at Citigroup lowered their recommendation on shares of FEDU from Neutral to Sell in their opinion released on September 13.
Moving on, FEDU stock price is currently trading at 0X forward 12-month Consensus EPS estimates, and its P/E ratio is 69.7 while for the average stock in the same group, the multiple is 60.1. Four Seasons Education (Cayman) Inc. current P/B ratio of 0.8 means it is trading at a discount against its industry’s 5.3.