Jianzhi Education (JZ) Shares Surge Amidst Positive Financial Performance

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Oct 11, 2024

Jianzhi Education (JZ, Financial), a Chinese education service provider, saw its stock rise significantly by 5.00%. The stock is currently priced at $1.05 per share with a trading volume of 1,786 shares and a turnover rate of 0.01%. The stock's price fluctuation was recorded at 3.25%.

The company's recent financial report reveals a revenue of $29.01 million and a net profit of $3.75 million, resulting in an earnings per share (EPS) of $0.19. The company reported a gross profit of $5.77 million with a price-to-earnings (P/E) ratio of -0.59. At present, there are no institutional ratings recommending a buy, hold, or sell for this stock.

Within the education services sector, where Jianzhi Education operates, the sector's overall growth was 0.19%. Noteworthy stock performers included Udemy, Inc., and Mynd Ai Inc., alongside Jianzhi Education. Other active stocks with notable turnover rates were Ambow Education with 4.19%, LXJK Education with 2.63%, and Chegg, Inc. with 2.35%. Stocks with significant price volatility included Ambow Education with 24.13%, LXJK Education with 16.92%, and Quantum Song with 14.52%.

Jianzhi Education Technology Group Ltd. specializes in developing educational content to meet the growing demand in China for high-quality vocational training resources. The company generates subscription revenue through a business-to-business-to-consumer (B2B2C) model via the Sentu Academy platform, catering to online learning platforms, higher education institutions, and other institutional clients. It also offers business-to-consumer (B2C) mobile video packages for end users on platforms like Fish Learning and Lite Class. Jianzhi Education operates two main segments: educational content services and IT-related solutions services.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.