As of Friday close, Lixiang Education Holding Co. Ltd.’s (NASDAQ:LXEH) stock was up $0.02, moving up 2.17 percent to $0.99. The average number of shares traded per day over the past five days has been 1,269,080 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.0900 fall in that time frame. In the last twenty days, the average volume was 317,830, while in the previous 50 days, it was 128,208.
Since last month, LXEH stock retreated -66.42%. Shares of the company fell to $0.8900 on 03/16/23, the lowest level in the past month. A 52-week high of $5.10 was reached on 01/13/23 after having rallying from a 52-week low of $0.89. Since the beginning of this year, LXEH’s stock price has dropped by -64.64% or -$1.8101, and marked a new high 4 times. However, the stock has declined by -80.59% since its 52-week high.
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Financial Health
In the recent quarter, Lixiang Education Holding Co. Ltd.’s quick ratio stood at 0.60, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.03, and the total debt-to-equity ratio was 0.74. On the profitability front, the trailing twelve-month gross margin is 21.00% percent. Based on annual data, LXEH earned $2.68 million in gross profit and brought in $5.4 million in revenue.
LXEH’s revenue fell -351.85% during the quarter, while net income inched up to $5.4 million. The liabilities of Lixiang Education Holding Co. Ltd. were 67.55 million at the end of its most recent quarter, and its total debt was $91.74 million.
Technical Picture
This quick technical analysis looks at Lixiang Education Holding Co. Ltd.’s (LXEH) price momentum. With a historical volatility rate of 273.03%, the RSI 9-day stood at 18.53% on 17 March.
With respect to its five-day moving average, the current Lixiang Education Holding Co. Ltd. price is down by -52.40% percent or -$1.0900. At present, LXEH shares trade -62.64% below its 20-day simple moving average and -78.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -62.50% below its SMA50 and -89.90% below its SMA200.
Stochastic coefficient K was 8.07% and Stochastic coefficient D was 19.70%, while ATR was 0.6163. Given the Stochastic reading of 3.79% for the 14-day period, the RSI (14) reading has been calculated as 25.09%. As of today, the MACD Oscillator reading stands at -0.5537, while the 14-day reading stands at -0.7632.
Analyst Ratings
Lixiang Education Holding Co. Ltd. (LXEH) has been rated – by analysts. According to 0 brokerage firms, LXEH is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Lixiang Education Holding Co. Ltd. stock as buy, with 0 recommending it as overweight.