Meten Edtechx Education Group Ltd. (METX)

NASDAQ: METX · IEX Real-Time Price · USD
1.29
-0.03 (-2.27%)
May 18, 2022 12:41 PM EDT - Market open
Market Cap14.67M
Revenue (ttm)937.45M
Net Income (ttm)-377.30M
Shares Out11.37M
EPS (ttm)-0.71
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume227,361
Open1.28
Previous Close1.32
Day's Range1.26 - 1.33
52-Week Range0.09 - 2.44
Beta-1.28
AnalystsBuy
Price Target91.80 (+7,016.3%)
Earnings DateApr 25, 2022

About METX

Meten Holding Group Ltd. provides English language training (ELT) services in the People's Republic of China. It operates through four segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training. The company delivers English language and future skills training for Chinese students and professionals. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name through a digital ...

IndustryEducation & Training Services
Founded2006
Employees3,721
Stock ExchangeNASDAQ
Ticker SymbolMETX
Full Company Profile

Financial Performance

In 2020, METX's revenue was $897.04 million, a decrease of -38.05% compared to the previous year's $1.45 billion. Losses were -$410.99 million, 87.3% more than in 2019.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for METX stock is "Buy." The 12-month stock price forecast is 91.8, which is an increase of 7,016.28% from the latest price.

Price Target
$91.8
(7,016.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Meten Holding Group Ltd. Announces Financial Results for Fiscal Year Ended December 31, 2021

SHENZHEN, China , May 16, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), an omnichannel training company headquartered in China providing language...

2 days ago - PRNewsWire

Meten Holding Group Ltd. Announces Strategic Alliance to Further Develop Digital Currency Related Businesses

SHENZHEN, China , May 11, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), an omnichannel training company headquartered in China providing language...

1 week ago - PRNewsWire

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Meten Holding Group Ltd. Provides Updates on Its Metaverse Vocational Education Courses

SHENZHEN, China , April 13, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), an omnichannel training company headquartered in China providing langua...

1 month ago - PRNewsWire

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Meten Holding Group Ltd. Announces Strategic Alliance to Explore Opportunities in Blockchain and Digital Currency Ind...

SHENZHEN, China, March 16, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service...

2 months ago - PRNewsWire

Meten Holding Group Ltd. Announces Strategic Alliance to Further Develop Metaverse Vocational Education

SHENZHEN, China, March 14, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service...

2 months ago - PRNewsWire

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Meten Holding Group Ltd. to Launch Blockchain Related ELT Courses

SHENZHEN, China , March 2, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service...

2 months ago - PRNewsWire

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Meten Holding Group Ltd. Launches the Trial of Metaverse Vocational Education Courses

SHENZHEN, China, Jan. 26, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service ...

3 months ago - PRNewsWire

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