Stock Alert: TAL Education Group Falls

(RTTNews) - Shares of TAL Education Group (TAL) are losing almost 3 percent in the morning trade on Tuesday, at $57.42. The stock has traded in a range of $30.78 to $59.76 in the past 52 weeks.

There have been no news reported on the company today that hurt the stock.

TAL Education Group is a K-12 after-school tutoring services provider in China. In January, the company reported a 77 percent fall in third-quarter net income from the year-ago period to $28.2 million.

Earnings per American Depositary Share or ADS were $0.05, 78.1 percent lower than last year's $0.21. Adjusted earnings per ADS were $0.09, compared to $0.24 a year ago. However, net revenues climbed 47.2 percent to $862.4 million from $586.0 million in the same period of the prior year.