Lixiang Education (NASDAQ:LXEH) Issues Quarterly Earnings Results

Lixiang Education (NASDAQ:LXEH) released its quarterly earnings data on Tuesday. The company reported ($3.59) EPS for the quarter, FiscalAI reports. The business had revenue of $1.13 million during the quarter.

Lixiang Education Stock Down 1.9%

Shares of NASDAQ LXEH traded down $0.02 during midday trading on Tuesday, reaching $1.06. 24,935 shares of the company’s stock were exchanged, compared to its average volume of 145,654. Lixiang Education has a 52-week low of $0.83 and a 52-week high of $32.80. The business’s fifty day moving average price is $1.87 and its two-hundred day moving average price is $2.56.

Institutional Trading of Lixiang Education

A hedge fund recently bought a new stake in Lixiang Education stock. XTX Topco Ltd bought a new position in shares of Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned about 2.58% of Lixiang Education as of its most recent filing with the Securities and Exchange Commission (SEC). 0.51% of the stock is currently owned by hedge funds and other institutional investors.

About Lixiang Education

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.