Lixiang Education (NASDAQ:LXEH) Issues Quarterly Earnings Results

Lixiang Education (NASDAQ:LXEHGet Free Report) posted its quarterly earnings results on Tuesday. The company reported ($3.59) earnings per share for the quarter, FiscalAI reports. The business had revenue of $1.13 million during the quarter.

Lixiang Education Stock Performance

Shares of LXEH opened at $1.06 on Wednesday. The business has a fifty day moving average of $1.84 and a 200 day moving average of $2.53. Lixiang Education has a 52-week low of $0.83 and a 52-week high of $32.80.

Hedge Funds Weigh In On Lixiang Education

A hedge fund recently bought a new stake in Lixiang Education stock. XTX Topco Ltd purchased a new stake in shares of Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHFree Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned about 2.58% of Lixiang Education at the end of the most recent quarter. Institutional investors and hedge funds own 0.51% of the company’s stock.

About Lixiang Education

(Get Free Report)

Lixiang Education Holding Co, Ltd. provides primary and middle school education services from grade 1 to grade 9 in the People's Republic of China. As of December 31, 2020, the company operated two campuses, including Baiyun Campus and Yijing Campus. It also engages in the operation of food procurement. The company was formerly known as Lianwai Education Group Limited and changed its name to Lixiang Education Holding Co, Ltd. in May 26, 2020. The company was founded in 2001 and is headquartered in Lishui, the People's Republic of China.

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