Lixiang Education Holding Co Ltd ADR (LXEH) Shares Down Despite Recent Market Volatility

Lixiang Education Holding Co Ltd ADR (NASDAQ: LXEH)’s stock price has decreased by -7.78 compared to its previous closing price of 0.27. However, the company has seen a -1.41% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-06 that LISHUI, China, Sept. 06, 2024 (GLOBE NEWSWIRE) — Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) (the “Company”), a prestigious private education service provider in China, today announced that Mr. Luoyuan Ye resigned as the Chief Financial Officer (“CFO”) of the Company with effect from August 31, 2024 and will remain as the consultant to the Company. Mr. Zhifu Yang was appointed as the CFO with effect from September 2, 2024.

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LXEH has 36-month beta value of 0.94.

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The average trading volume of LXEH on September 11, 2024 was 217.97K shares.

LXEH’s Market Performance

LXEH stock saw an increase of -1.41% in the past week, with a monthly gain of 0.57% and a quarterly increase of -35.09%. The volatility ratio for the week is 5.69%, and the volatility levels for the last 30 days are 9.31% for Lixiang Education Holding Co Ltd ADR (LXEH). The simple moving average for the last 20 days is -3.00% for LXEH stock, with a simple moving average of -85.08% for the last 200 days.

LXEH Trading at -16.64% from the 50-Day Moving Average

After a stumble in the market that brought LXEH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.23% of loss for the given period.

Volatility was left at 9.31%, however, over the last 30 days, the volatility rate increased by 5.69%, as shares surge +4.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.88% lower at present.

During the last 5 trading sessions, LXEH rose by +4.46%, which changed the moving average for the period of 200-days by -76.28% in comparison to the 20-day moving average, which settled at $0.2536. In addition, Lixiang Education Holding Co Ltd ADR saw -88.84% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LXEH

Current profitability levels for the company are sitting at:

  • -0.42 for the present operating margin
  • 0.08 for the gross margin

The net margin for Lixiang Education Holding Co Ltd ADR stands at -2.02. The total capital return value is set at -0.01. Equity return is now at value -48.87, with -19.24 for asset returns.

The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is -5.77.

Currently, EBITDA for the company is -62.87 million with net debt to EBITDA at 46.98. When we switch over and look at the enterprise to sales, we see a ratio of -17.72. The receivables turnover for the company is 0.49for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.

Conclusion

To put it simply, Lixiang Education Holding Co Ltd ADR (LXEH) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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