Shares of Meten EdtechX Education Group Ltd. (METX) Fall to a New 52-Week Low

July 7, 2021 11:08:26

Meten EdtechX Education Group Ltd. (NASDAQ:METX) traded at a new 52-week low today of $0.81. Approximately 8.7 million shares have changed hands today, as compared to an average 30-day volume of 4.3 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.

Meten EdtechX Education Group Ltd. (NASDAQ:METX) has potential upside of 24.0% based on a current price of $0.82 and analysts’ consensus price target of $1.02.

Meten EdtechX Education Group Ltd. share prices have moved between a 52-week high of $12.30 and the current low of $0.81 and are currently at $0.82 per share.

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