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Dec 12, 2023 7:35 PM

TAL Education Group (NYSE: $TAL) Pivotal Points Long

TAL Education GroupNYSE

Description

Fundamental Analysis
TAL Education Group (NYSE:TAL) is a leading provider of after-school tutoring services in China, with a network of over 1,000 learning centers and 10,000 online courses. The company has been on a strong growth trajectory, with revenues increasing by 27.38% year-to-date and earnings per share (EPS) improving by 11.32% in the past three years.
The company also has a high gross margin of 54.62%, indicating its ability to generate profits from its core business.

NYSE:TAL has a bullish technical outlook, as it is trading above its 50-day and 200-day moving averages, indicating a positive momentum indicator (MACD).
NYSE:TAL has been on a strong uptrend since the beginning of 2023.



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