17 Education & Technology Group: Analyzing the Company’s Upcoming Earnings Report and Its Impact on the Education Tech Sector

Earnings Report for 17 Education & Technology Group (YQ) Set for Wednesday

17 Education & Technology Group (NYSE:YQ) is set to release its quarterly earnings results on June 5th. The company previously reported earnings per share of ($1.23) and revenue of $6.67 million on March 20th, with a negative net margin of 185.00% and a negative return on equity of 37.54%.

On Monday, shares of 17 Education & Technology Group stock opened at $2.87, with a market cap of $111.18 million and a price-to-earnings ratio of -0.64. The stock has a beta of -0.29, a 52-week low of $1.41, and a 52-week high of $5.75. Its 50-day simple moving average is $2.69 and the 200-day simple moving average is $2.46.

Based in China, 17 Education & Technology Group Inc provides education and technology services to its customers through various offerings such as membership-based premium educational content subscriptions, light courses, Chinese reading materials, math oral arithmetic, reading machines, study plans, and associated services.

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