Lixiang Education (NASDAQ:LXEH) Releases Earnings Results

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

Lixiang Education Stock Performance

Shares of LXEH opened at $1.75 on Friday. The stock’s fifty day moving average price is $1.57 and its two-hundred day moving average price is $1.64. Lixiang Education has a 1 year low of $0.83 and a 1 year high of $32.80.

Hedge Funds Weigh In On Lixiang Education

An institutional investor recently bought a new stake in Lixiang Education stock. XTX Topco Ltd purchased a new stake in Lixiang Education Holding Co., Ltd. Sponsored ADR (NASDAQ:LXEH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 30,222 shares of the company’s stock, valued at approximately $43,000. XTX Topco Ltd owned 2.58% of Lixiang Education as of its most recent SEC filing. 0.51% of the stock is owned by hedge funds and other institutional investors.

About Lixiang Education

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.