Overall market sentiment has been high on Meten Edtechx Education Group Ltd (METX) stock lately. METX receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With METX Stock Today?
Meten Edtechx Education Group Ltd (METX) stock is lower by -10.45% while the S&P 500 is higher by 0.6% as of 2:42 PM on Friday, Dec 4. METX is down -$0.35 from the previous closing price of $3.35 on volume of 119,499 shares. Over the past year the S&P 500 has gained 18.50% while METX is down -70.65%. METX lost -$0.77 per share in the over the last 12 months.
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More About Meten Edtechx Education Group Ltd
Meten EdtechX Education Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. The company offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. The firm's operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.
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