Home / Street Sector / Short Call at News Buzzer: New Oriental Education & Technology Group (NYSE:EDU), Caterpillar (CAT), American Capital (ACAS)

Short Call at News Buzzer: New Oriental Education & Technology Group (NYSE:EDU), Caterpillar (CAT), American Capital (ACAS)

New Oriental Education & Technology Group Inc. (NYSE:EDU) [Trend Analysis] increased reacts as active mover, shares a gain 3.51% to traded at $42.14 and the percentage gap among open changing to regular change was 1.18%. New Oriental Education and Technology Group Inc. (EDU) revealed that the Firm’s Boddesignated Mr. Chenggang Zhou, the Firm’s current President, as Chief Executive Officer of New Oriental, effective September 2, 2016.

Mr. Zhou succeeds Mr. Michael Minhong Yu, Founder, Chairman and Chief Executive Officer, who will become Executive Chairman of the Board and continue to oversee the Firm’s business strategies and operations. Mr. Zhou joined New Oriental in 2000 and since then has held multiple management positions in the Firm, comprising President, Executive President for Domestic Business, Executive Vice President, Vice President and President of Beijing and Shanghai New Oriental Schools. The firm’s current ratio calculated as 2.00 for the most recent quarter. The firm past twelve months price to sales ratio was 4.31 and price to cash ratio remained 3.94. As far as the returns are concern, the return on equity was recorded as 17.10% and return on investment was 11.50% while its return on asset stayed at 10.40%. The firm has total debt to equity ratio measured as 0.00.

Caterpillar Inc. (NYSE:CAT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.29% to close at $81.69 with the total traded volume of 2.45 Million shares. Heavy machinery maker Caterpillar Inc (CAT.N) reported it could lay off about 2,000 employees at a plant in Belgium, as it considers shifting production to other facilities as part of a restructuring program reported previous year.

The firm, which manufactures construction equipment at the plant in Gosselies, Belgium stated it may shift the production to its facility at Grenoble, France and other locations outside of Europe. Caterpillar stated in September 2015 that it will cut as many as 10,000 jobs through 2018 and also might close or consolidate over 20 plants about the world as it grappled with the mining and energy downturn. The firm has institutional ownership of 70.80%, while insider ownership included 0.10%. Its price to sales ratio ended at 1.14. CAT attains analyst recommendation of 3.00 with week performance of -1.17%.

American Capital, Ltd. (NASDAQ:ACAS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.77% to $17.05. The share price of ACAS attracts active investors, as stock price of week volatility recorded 0.88%. The stock is going forward to its 52-week low with 43.04% and lagging behind from its 52-week high price with 0.59%.


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