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.
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