Meten EdtechX Education METX shares are trading higher after the company reported the gross billing and student enrollment of its junior ELT business increased by 485% and 483% respectively in the first quarter.
"The figures confirm that the company has returned to its pre-pandemic rapid growth trajectory," the company said in a press release.
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 stock was trading 36% higher to $2.28 at the time of writing. The stock has a 52-week high of $13.03 and a 52-week low of $1.52.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
