Lixiang Education (NASDAQ:LXEH) Shares Up 4.6% – What’s Next?

Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHGet Free Report) shares traded up 4.6% on Friday . The company traded as high as $1.80 and last traded at $1.79. Approximately 11,242 shares were traded during mid-day trading, an increase of 50% from the average session volume of 7,514 shares. The stock had previously closed at $1.7117.

Lixiang Education Stock Up 4.6%

The company’s fifty day moving average price is $1.58 and its two-hundred day moving average price is $1.65.

Lixiang Education (NASDAQ:LXEHGet Free Report) last issued its quarterly earnings data on Friday, September 11th. The company reported ($0.74) EPS for the quarter. The company had revenue of $1.12 million for the quarter.

Institutional Trading of Lixiang Education

A hedge fund recently bought a new stake in Lixiang Education stock. XTX Topco Ltd purchased a new stake in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEHFree Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned approximately 2.58% of Lixiang Education at the end of the most recent reporting period. Institutional investors own 0.51% of the company’s stock.

Lixiang Education Company Profile

(Get Free Report)

Lixiang Education Holding Co, Ltd. provides primary and middle school education services from grade 1 to grade 9 in the People's Republic of China. As of December 31, 2020, the company operated two campuses, including Baiyun Campus and Yijing Campus. It also engages in the operation of food procurement. The company was formerly known as Lianwai Education Group Limited and changed its name to Lixiang Education Holding Co, Ltd. in May 26, 2020. The company was founded in 2001 and is headquartered in Lishui, the People's Republic of China.

Further Reading

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