METX - Shares of Meten EdtechX Education Group Ltd. (METX) Fall Below Previous 52-Week Low
Shares of Meten EdtechX Education Group Ltd. (NASDAQ:METX) traded today at $0.94, breaking its 52-week low. Approximately 8.7 million shares have changed hands today, as compared to an average 30-day volume of 7.5 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.
Potential upside of 39.8% exists for Meten EdtechX Education Group Ltd., based on a current level of $0.97 and analysts' average consensus price target of $1.36.
Over the past year, Meten EdtechX Education Group Ltd. has traded in a range of $0.94 to $12.75 and is now at $0.97.
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