LAIX Inc. (NYSE:LAIX) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 448,600 shares, a decrease of 58.5% from the September 15th total of 1,080,000 shares. Based on an average daily volume of 686,900 shares, the short-interest ratio is currently 0.7 days. Approximately 1.6% of the shares of the stock are sold short.
LAIX stock traded up $0.00 during mid-day trading on Thursday, hitting $0.89. The stock had a trading volume of 400 shares, compared to its average volume of 177,752. The stock has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $1.46. The stock has a market capitalization of $44.15 million, a PE ratio of -3.69 and a beta of 0.90. LAIX has a 12 month low of $0.81 and a 12 month high of $11.65.
LAIX (NYSE:LAIX) last released its earnings results on Wednesday, August 25th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of ($2.19) by $2.57. The company had revenue of $27.80 million during the quarter.
LAIX, Inc operates as a holding company, which engages in the provision of artificial intelligence business. It creates and delivers products and services to popularize english learning. The firm also utilizes cutting-edge deep learning and adaptive learning technologies, big data, well-established education pedagogies, and the mobile Internet.
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