Shares of Meten EdtechX Education Group Ltd. (NASDAQ:METX) traded today at $0.46, breaking its 52-week low. So far today approximately 8.7 million shares have been exchanged, as compared to an average 30-day volume of 3.2 million shares.
Meten EdtechX Education Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. The company offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. The firm’s operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People’s Republic of China.
In the past 52 weeks, shares of Meten EdtechX Education Group Ltd. have traded between the current low of $0.46 and a high of $11.73 and is now at $0.51.
There is potential upside of 11.0% for shares of Meten EdtechX Education Group Ltd. based on a current price of $0.51 and an average consensus analyst price target of $0.56.
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