|Bid||0.7500 x 1000|
|Ask||0.7900 x 1400|
|Day's Range||0.7650 - 0.8000|
|52 Week Range||0.6870 - 7.0500|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.79|
Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company") announced today that it has engaged Marcum Bernstein Pinchuk LLP ("MBP") as its independent registered public accountant with respect to the fiscal years from 2016 to 2018. The engagement of MBP as the independent registered public accountant was approved by the Audit Committee and the Board of Directors of the Company on December 5, 2019. The Company's Audit Committee has dismissed KPMG Huazhen LLP ("KPMG") as the Company's independent registered public accountant.
Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company") announced today that it had terminated a number of employees, including a vice president of the Company, effective on December 2, 2019. The Company took the action to follow the recommendation by the independent audit committee of the board of directors of the Company (the "Board"), after the audit committee conducted the independent investigation which had been previously announced.
Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company") announced today that it received written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated November 25, 2019, indicating that because the closing bid price of the Company's American Depositary Shares ("ADS") for the last 30 consecutive business days was below US$1.00 per share, the Company no longer meets the minimum bid price requirement for the Nasdaq Global Select Market, set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until May 25, 2020. The Company intends to monitor the closing bid price of its ADS between now and May 25, 2020 and is considering its options, including an adjustment of its ADS-to-Class A ordinary share ratio, in order to regain compliance with the Nasdaq Global Select Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its ADS is $1.00 per share or higher for at least ten consecutive business days during the grace period. The Company intends to cure the deficiency within the prescribed grace period.
On November 15, 2019, the Company timely requested a hearing before the Panel, at which hearing the Company will present its plan to evidence compliance with the Nasdaq filing requirement and an extension within which to do so. In accordance with the Nasdaq Listing Rules, the Company's hearing request automatically stayed any suspension action by Nasdaq for 15 calendar days, or until November 20, 2019; however, the Company also requested a further extension of the stay beyond the 15-day period, which was granted by the Panel and will enable continued trading of the Company's American Depositary Shares on Nasdaq at least pending the ultimate conclusion of the hearing process.
Every investor in Tarena International, Inc. (NASDAQ:TEDU) should be aware of the most powerful shareholder groups...
BEIJING, Nov. 1, 2019 /PRNewswire/ -- Tarena International, Inc. (TEDU) ("Tarena" or the "Company"), today announced the results of the previously announced independent investigation conducted by the independent audit committee of its board of directors (the "Audit Committee") regarding certain accounting and other matters, and provided an update on its financial statements review and Nasdaq listing. As previously announced by the Company in its May 17, 2019 press release, the Audit Committee commenced an independent investigation in April 2019 regarding, among other things, certain issues identified during the course of the audit of the Company's financial statements for the year ended December 31, 2018, including issues related to the Company's revenue recognition (the "Investigation").
BEIJING, May 17, 2019 /PRNewswire/ -- Tarena International, Inc. (TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China, today announced that it received a notification letter from Nasdaq Listing Qualifications ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Annual Report on Form 20-F for the year ended December 31, 2018 (the "2018 Form 20-F").
If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But the last three years have been particularly tough on longer term Tarena International, Inc. (NASDAQ:TEDU) shar...
BEIJING , March 11, 2019 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China , today ...
NEW YORK, NY / ACCESSWIRE / March 11, 2019 / Tarena International, Inc. Sponsored ADR Class A (NASDAQ: TEDU ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held ...
BEIJING , Feb. 18, 2019 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China , today ...
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Tarena International, Inc. (NASDAQ:TEDU) has recently paid dividends Read More...
BEIJING, Dec. 10, 2018 /PRNewswire/ -- Mr. Shaoyun Han, the Chairman and Chief Executive Officer of Tarena International, Inc. (TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China, today informed the board of directors (the "Board") of the Company that he has entered into a Share Purchase Agreement (the "SPA") with Banyan Enterprises Limited and Banyan Enterprises A Limited (together, the "Purchasers"), pursuant to which Mr. Han agreed to sell a total of 847,817 Class A Ordinary Shares of the Company for a purchase price of US$7.077 per share (or US$6,000,000.00 in the aggregate) to the Purchasers (the "Transaction"). According to Mr. Han, the purpose of the Transaction is to repay his personal loan borrowed earlier to purchase Tarena's Class A Ordinary shares.