Lixiang Education Holding Co. Ltd. (NASDAQ:LXEH) price on Friday, March 17, rose 2.17% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.99.
A look at the stock’s price movement, the close in the last trading session was $0.97, moving within a range at $0.97 and $3.48. The beta value (5-Year monthly) was 0.85. Turning to its 52-week performance, $5.10 and $0.89 were the 52-week high and 52-week low respectively. Overall, LXEH moved -66.42% over the past month.
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Lixiang Education Holding Co. Ltd.’s market cap currently stands at around $13.19 million, with investors looking forward to this quarter’s earnings report slated for Apr 30, 2021.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that LXEH is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
LXEH’s current price about -54.67% and -59.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 25.09, while 7-day volatility ratio is 90.23% and 22.80% in the 30-day chart. Further, Lixiang Education Holding Co. Ltd. (LXEH) has a beta value of 0, and an average true range (ATR) of 0.49.
In the market, a comparison of Lixiang Education Holding Co. Ltd. (LXEH) and its peers suggest the former has performed considerably stronger. Data shows LXEH’s intraday price has changed 2.17% in last session and -88.35% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -1.10% and -1.19% respectively in the last trading.
If we refocus on Lixiang Education Holding Co. Ltd. (NASDAQ:LXEH), historical trading data shows that trading volumes averaged 5950.0 over the past 10 days and 3.05K over the past 3 months. The company’s latest data on shares outstanding shows there are 13.33 million shares.
Also important is the data on short interest which shows that short shares stood at 843.0 on Jan 30, 2023, giving us a short ratio of 0.43. The data shows that as of Jan 30, 2023 short interest in Lixiang Education Holding Co. Ltd. (LXEH) stood at 0.01% of shares outstanding. Current price change has pushed the stock -64.64% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LXEH stock continues to rise going into the next quarter.
