Meten EdtechX Education Group Ltd. (NASDAQ:METX) price is hovering higher on Monday, Jan 25, jumping 1.47% above its previous close.

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A look at today’s price movement shows that the recent level at last check reads $2.04, with intraday deals fluctuating between $1.9900 and $2.2500. The company’s 5Y monthly beta was ticking 0 while its P/E ratio in the trailing 12-month period read 0. Taking into account the 52-week price action we note that the stock hit a 52-week high of $24.66 and 52-week low of $1.71. The stock added 5.7% on its value in the past month.

On the technical perspective front, indicators give METX a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

Turning out attention to how the Meten EdtechX Education Group Ltd. stock has performed in comparison to its peers in the industry, here’s what we find: METX’s stock is +1.47% on the day and -80.1% in the past 12 months, while Tal Education Group (TAL) traded +3.83% in the latest session and is positioned +56.93% up on its price 12 months ago. Another comparison is with New Oriental Education & Technology Group (EDU) whose stock price is down -0.15% in the current trading session, and has flourished +31.08% over the past year. Also, Bright Horizons Family Solutions Inc (BFAM) is currently showing uptrend of 1.47% while its price kept floating at -80.1% over the past year. As for Meten EdtechX Education Group Ltd., the P/E ratio stands at 0 lower than that of Tal Education Group’s at 0 and New Oriental Education & Technology Group’s 71.26. Elsewhere in the market, the S&P 500 Index has fell -0.28% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.6%.

An analysis of the Meten EdtechX Education Group Ltd. (NASDAQ:METX) stock in terms of its daily trading volume indicates that the 3-month average is 766.95 Million. However, this figure declines on the past 10-day timeline to an average of 2.58 Million.

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Curent records show that the company has 53.29 Million in outstanding shares. According to data from Thomson Reuters, insiders’ percentage holdings are 70.56% of outstanding shares while the percentage share held by institutions stands at 7.02%. The stats also highlight that short interest as of December 30, 2020, stood at 586.99 Million shares, which puts the short ratio at the time at 1.06. From this we can glean that short interest is 1.1% of company’s current outstanding shares. Notably, we see that shares short in December rose slightly given the previous month’s figure stood at 36.14 Million. But the +2% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.


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