Lixiang Education (NASDAQ:LXEH) Announces Earnings Results

Lixiang Education (NASDAQ:LXEH) released its quarterly earnings data on Friday. The company reported ($0.74) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $1.12 million during the quarter.

Lixiang Education Trading Up 4.6%

Shares of Lixiang Education stock opened at $1.79 on Friday. Lixiang Education has a 52 week low of $0.83 and a 52 week high of $32.80. The firm’s 50 day moving average is $1.58 and its two-hundred day moving average is $1.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lixiang Education stock. XTX Topco Ltd acquired a new position in shares of Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 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 & Exchange Commission. Institutional investors and hedge funds own 0.51% of the company’s stock.

Lixiang Education Company Profile

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.