Meten EdtechX Education Group Ltd. (NASDAQ:METX) went down by -3.93% from its latest closing price compared to the recent 1-year high of $13.02. The company’s stock price has collected -2.84% of loss in the last five trading sessions. Press Release reported on 04/29/21 that Meten EdtechX Reports a 485% Increase in Gross Billing a 483% Increase in Students Enrollment of its Junior ELT Business in the First Quarter of 2021
Is It Worth Investing in Meten EdtechX Education Group Ltd. (NASDAQ :METX) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Meten EdtechX Education Group Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
METX currently public float of 13.20M and currently shorts hold a 11.86% ratio of that float. Today, the average trading volume of METX was 7.46M shares.
METX’s Market Performance
METX stocks went down by -2.84% for the week, with a monthly drop of -29.05% and a quarterly performance of -15.76%, while its annual performance rate touched -85.63%. The volatility ratio for the week stands at 15.09% while the volatility levels for the past 30 days are set at 10.65% for Meten EdtechX Education Group Ltd.. The simple moving average for the period of the last 20 days is -15.43% for METX stocks with a simple moving average of -61.91% for the last 200 days.
METX Trading at -24.97% from the 50-Day Moving Average
After a stumble in the market that brought METX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.87% of loss for the given period.
Volatility was left at 10.65%, however, over the last 30 days, the volatility rate increased by 15.09%, as shares sank -27.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.58% lower at present.
During the last 5 trading sessions, METX fell by -2.84%, which changed the moving average for the period of 200-days by -85.95% in comparison to the 20-day moving average, which settled at $1.9890. In addition, Meten EdtechX Education Group Ltd. saw -14.50% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for METX
Current profitability levels for the company are sitting at:
- -44.68 for the present operating margin
- +32.32 for the gross margin
The net margin for Meten EdtechX Education Group Ltd. stands at -46.22. Equity return is now at value 133.20, with -32.70 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.25, with the company’s debt to enterprise value settled at 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.17.