LAIX - LAIX Inc. American Depositary Shares each representing one Class A Looks to Continue to Trade Below its Annual-Low Share Price Today
LAIX Inc. American Depositary Shares each representing one Class A (NYSE:LAIX) traded today at a new 52-week low of $1.11. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 611,000 shares.
LAIX Inc. American Depositary Shares each representing one Class A has overhead space with shares priced $1.14, or 64.1% below the average consensus analyst price target of $3.17.
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 share prices have moved between a 52-week high of $11.65 and the current low of $1.11 and are currently at $1.14 per share.
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