Trading Update Meten International Education Group
EdtechX Holdings Acquisition Corp. II - Class A common stock (EDTX)
Company Research
Source: GlobeNewswire
LONDON, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Meten International Education Group (“Meten”), a leading provider of English language training and future skills in China, today issues an update on current trading. The Company has closed financial year 2019 with gross billings in line with management expectations, and consequently, Meten is on track to meet its 2021 targets of RMB 301.1 million adjusted EBITDA and RMB 230.0 adjusted net income. Driven by a combination of continuous enhancements to the Company’s digital offering and the impact of the coronavirus epidemic on the Chinese education industry, gross billings for Meten’s online courses increased approximately 287% year-on-year for the period between 1st and 17th February 2020. The number of new paying users during this period grew by 119% year-on-year. In an effort to contain the virus, the Chinese Ministry of Education and its local Education Bureaus have instructed schools to postpone the start of their spring term until the
Show less
Read more
Impact Snapshot
Event Time:
EDTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EDTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EDTX alerts
High impacting EdtechX Holdings Acquisition Corp. II - Class A common stock news events
Weekly update
A roundup of the hottest topics