Meten EdtechX Education Group Ltd. (NASDAQ:METX) went up by 4.95% from its latest closing price compared to the recent 1-year high of $11.86. The company’s stock price has collected -2.51% of loss in the last five trading sessions. Press Release reported 15 hours ago that Meten EdtechX Reports a 316.9% Increase in Gross Billing and a 240.9% Increase in Students Enrollment of its Junior ELT Business in the First Half of 2021
Is It Worth Investing in Meten EdtechX Education Group Ltd. (NASDAQ :METX) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 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.”
The average price from analysts is $3.00. METX currently public float of 42.61M and currently shorts hold a 5.27% ratio of that float. Today, the average trading volume of METX was 7.67M shares.
METX’s Market Performance
METX stocks went down by -2.51% for the week, with a monthly drop of -24.29% and a quarterly performance of -60.50%, while its annual performance rate touched -93.77%. The volatility ratio for the week stands at 7.75% while the volatility levels for the past 30 days are set at 6.44% for Meten EdtechX Education Group Ltd.. The simple moving average for the period of the last 20 days is -15.45% for METX stocks with a simple moving average of -66.22% for the last 200 days.
METX Trading at -27.91% 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 -93.87% of loss for the given period.
Volatility was left at 6.44%, however, over the last 30 days, the volatility rate increased by 7.75%, as shares sank -25.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.71% lower at present.
During the last 5 trading sessions, METX fell by -2.51%, which changed the moving average for the period of 200-days by -84.40% in comparison to the 20-day moving average, which settled at $0.8475. In addition, Meten EdtechX Education Group Ltd. saw -63.66% 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
- +30.49 for the gross margin
The net margin for Meten EdtechX Education Group Ltd. stands at -45.82. Equity return is now at value 119.40, with -33.60 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.26, with the company’s debt to enterprise value settled at 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.17.