Shares of LAIX Inc. American Depositary Shares each representing one Class A (NYSE:LAIX) traded at a new 52-week low today of $0.87. This new low was reached on approximately average trading volume as 746,000 shares traded hands, while the average 30-day volume is approximately 672,000 shares.
LAIX Inc is a Chinese artificial intelligence (AI) company that creates and delivers products and services to popularize English learning. The company offers its products and services on-demand via mobile apps. Its offerings include two types of prepaid course packages, namely prepaid standard courses and prepaid multiple course packages. Its DongNi English standard courses constitute prepaid standard courses, while premium services are provided in the form of prepaid multiple course packages, including prepaid standard courses and course credits for one-to-one tutoring sessions with contract human teachers.
LAIX Inc. American Depositary Shares each representing one Class A (NYSE:LAIX) has potential upside of 239.6% based on a current price of $0.93 and analysts’ consensus price target of $3.17.
LAIX Inc. American Depositary Shares each representing one Class A share prices have moved between a 52-week high of $11.65 and the current low of $0.87 and are currently at $0.93 per share.
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