Shares of Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH – Get Free Report) were up 1.5% on Monday. The stock traded as high as $1.3750 and last traded at $1.32. 2,714 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 12,034 shares. The stock had previously closed at $1.3010.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered shares of Lixiang Education from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, September 17th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on Lixiang Education
Lixiang Education Price Performance
The company has a 50-day moving average of $1.58 and a 200-day moving average of $1.72.
Lixiang Education (NASDAQ:LXEH – Get Free Report) last posted its quarterly earnings data on Friday, September 11th. The company reported ($0.74) EPS for the quarter. The business had revenue of $1.12 million during the quarter.
About Lixiang Education
Lixiang Education Holding Limited is a China-based private education company that provides primary and secondary school education services. The company’s activities have centered on operating private schools and delivering classroom instruction, student services and related educational programs.
Lixiang Education has primarily served students and families in Lishui, Zhejiang Province, where its education operations are based. Its schools have offered compulsory education and related academic and extracurricular services, with a focus on serving local communities.
The company became publicly traded in the United States in 2020 through American depositary shares listed on Nasdaq under the symbol LXEH.
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