LXEH Stock Plummets Over 5% Amid Lackluster Financial Performance

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4 days ago

Lishang Education (LXEH, Financial) experienced a significant stock price drop of 5.08%. The stock is currently priced at $2.43 per share with a trading volume of 2,333 shares, reflecting a turnover rate of 0.20% and a volatility of 2.73%.

Recent financial reports reveal that Lishang Education earned revenue of $2.12 million, but posted a net loss of $1.19 million, translating to an earnings per share of -$1.02. The company's gross profit stood at $36,599.72, leading to a price-to-earnings ratio of -0.11. Currently, there are no institutional ratings suggesting a buy, hold, or sell position for LXEH.

Within the education services industry, which saw an overall increase of 2.96%, some peer stocks like Visionary Holdings Inc., Ambow Education, and Kezco Education showcased substantial gains. The most active stocks included Visionary Holdings Inc. with a turnover rate of 651.89%, Genius Group Limited, and Huafu Education. Visionary Holdings Inc., Ambow Education, and Vasta Platform Limited demonstrated notable volatility.

Lishang Education Holding Co., Ltd., based in Lishui, Zhejiang Province, is a private provider of primary and secondary education services. It offers educational services from grades one to nine and also provides services at the high school level.

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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.