What Can We Learn From Meten Holding Group Ltd. (METX)’s Valuation Ratios?

Meten Holding Group Ltd. (NASDAQ:METX) traded with a subtraction of $0.0 to $0.21 on Friday, a downside of -1.67 percent. An average of 10,929,508 shares of common stock have been traded in the last five days. There was a fall of -$0.0228 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 17,642,957 shares traded, while the 50-day average volume stands at 46,281,664.

METX stock has decreased by -21.05% in the last month. The company shares reached their 1-month lowest point of $0.2010 on 01/06/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $0.20 and a high of $4.27 in 52 weeks. It has reached a new high 3 times so far this year and lost -16.13% or -$0.0454 in price. In spite of this, the price is down -95.16% from the 52-week high.


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Valuation Metrics

Meten Holding Group Ltd. (METX) has a trailing price-to-earnings (P/E) ratio of 18.54 for the broader industry and 26.92 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.55.

The quick ratio of Meten Holding Group Ltd. for the recent quarter was 0.30, and the current ratio was 0.30, indicating that the company is not able to meet its debt obligations. Meten Holding Group Ltd.’s EBITDA margin is -24.45%, while its operating margin for the same period stands at -62.40%. Its gross profit as reported stood at $44.44 million compared to revenue of $137.48 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Meten Holding Group Ltd.’s return on assets was -45.50%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Meten Holding Group Ltd. (METX) price momentum. RSI 9-day as of the close on 13 January was 25.80%, suggesting the stock is oversold, with historical volatility in this time frame at 40.85%.

As of today, METX’s price is $0.2164 -10.01% or -$0.0228 from its 5-day moving average. METX is currently trading -22.05% lower than its 20-day SMA and -65.05% lower than its 100-day SMA. However, the stock’s current price level is -62.82% below the SMA50 and -91.35% below the SMA200.

The stochastic %K and %D were 13.84% and 19.13%, respectively, and the average true range (ATR) was 0.0217. With the 14-day stochastic at 5.06% and the average true range at 0.0266, the RSI (14) stands at 31.52%. The stock has reached -0.0147 on the 9-day MACD Oscillator while the 14-day reading was at -0.0259.

Analyst Ratings

The consensus rating for Meten Holding Group Ltd. (METX) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell METX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is METX’s price target for the next 12 months?

Analysts predict a range of price targets between $3.00 and $3.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for Meten Holding Group Ltd. (METX) stock is $3.00.

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