Urban Tea Inc. Plans to Establish Production, Training and Research Center
Urban Tea, Inc. - Ordinary Shares (MYT)
Company Research
Source: PR Newswire
CHANGSHA, China, June 18, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based in Hunan, China, announced today that the Company plans to establish a production, training and research institute center (the "Center") located at No.7, Kangpeng Road, Liuyang Economic Development Zone, Hunan 410331, China. The Center is part of the Company's effort to expand its production, training, research and product development capabilities to meet the growing demand for the Company's products and provide streamlined logistical support. The Company expects to replicate its business model in selected foreign markets.The Company estimates it will invest RMB10 million to set up the Center, and anticipates that the Center will cover an area of over 2,000 square meters. The Center is expected to include a research and development center, a training center, a production center in accordance with relevant State Foo
Show less
Read more
Impact Snapshot
Event Time:
MYT
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
MYT 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
MYT alerts
High impacting Urban Tea, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics