Is METX undervalued?

Fair Value of METX stock based on Discounted Cash Flow (DCF)

METX ($0.14) is significantly undervalued… subscribe to Premium to read more.

Similarly, Is METX a shorted stock?

Short Shares Availability

This table shows the number of shares of US:METX available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

How can I buy METX? How to buy shares in Meten EdtechX Education Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. …
  3. Confirm your payment details. …
  4. Research the stock. …
  5. Purchase now or later. …
  6. Check in on your investment.

Thereof, What does Meten holding group do?

Meten Holding Group Ltd. provides English language training (ELT) services in the People’s Republic of China. It operates through four segments: General Adult English Training, Overseas Training Services, Online English Training, and Junior English Training.

What is NAKD stock?

Cenntro Electric Group Ltd (NAKD)

What is the meaning of Meten?

mēten. to meet, come together.

What is Meten EdtechX?

Meten Holding Group Ltd. (METX), in Shenzhen, one of China’s top omnichannel English language training providers. It delivers English language and skills training to Chinese students and professionals.

Is NAKD undervalued?

NAKD stock may be low-priced. But it is far from undervalued.

Is NAKD stock a good buy?

It has been an extraordinary year, and to be fair, still a profitable one: NAKD stock has still gained 74% so far in 2021. 2022 should be quieter, at least on a relative basis, as Naked becomes Cenntro Automotive.

Is NAKD a buy or sell?

Barchart Opinion

Composite Indicator
TrendSpotter Sell
50 – Day Average Volume: 5,490,481 Average: 100% Sell
Long Term Indicators
100 Day Moving Average Sell

• 13 janv. 2022

Is METX a crypto?

Provides Updates on Its Cryptocurrency Business. Meten Holding Group Ltd. (« Meten Holding Group » or the « Company ») (NASDAQ: METX), one of the leading omnichannel English language training (« ELT ») service providers in China, today provided an update on the Company’s cryptocurrency business.

Is NAKD going out of business?

Pending shareholder approval at a special meeting on Dec. 21, Naked Brands will merge with Cenntro Automotic Group, an electric vehicle (EV) technology firm. The new company will go forward under the Cenntro name, albeit with the NAKD stock symbol. Upon finalization, Naked Brands will cease to exist.

Why is NAKD stock so low?

In fact, the stock has now lost 99.9% of its overall value in the last three years. That level of extreme value destruction has come as a result of falling sales, rising losses and extreme dilution. In fact, Naked’s outstanding share count is up a mind-boggling 340,400% over those three years.

Why was NAKD stock so high?

A 1-for-15 reverse stock split is to blame for NAKD stock’s seemingly outlandish returns today. The reverse split became effective as of this morning, which means that for every 15 shares of NAKD stock investors owned as of yesterday’s close, they now own 1 share. Consequently, the price of the stock increased by 15X.

Will NAKD stock recover?

NAKD stock became a hit with the Reddit trading crowd and has done well to fortify its balance sheet. It’s now debt-free and has evolved into a pure-play e-commerce business. Unfortunately, there are several loopholes in its turnaround strategy, so it is unlikely things will change significantly for the company.

What happens to my NAKD stock?

As a result of this transaction, Naked Brand will change its name to Cenntro Automotive Group. However, it will keep its existing NAKD ticker. The company also announced that it has sufficient capital to complete the acquisition. Therefore, it will not need to raise additional capital “in the short term.”

What is happening with NAKD stock?

NAKD Stock Down on Closing of EV-Related Acquisition

Today, Naked Brand announced the closing of its acquisition of EV startup Cenntro Automotive. This deal leaves the combined company with $250 million in cash on the balance sheet, and provides a strong growth runway for those bullish on the EV sector.

What happened NAKD stock?

NAKD Stock Down on Closing of EV-Related Acquisition

Today, Naked Brand announced the closing of its acquisition of EV startup Cenntro Automotive. This deal leaves the combined company with $250 million in cash on the balance sheet, and provides a strong growth runway for those bullish on the EV sector.

Did Naked Brand get bought out?

Upon finalization, Naked Brands will cease to exist. Under the terms of the merger, Naked shareholders will receive seven shares in the new entity for every three existing NAKD shares they own. The combined company will have a market capitalization of nearly $2 billion.

Is Naked stock a brand?

Now Naked is no more, having given way to Cenntro Electric Group Limited (NASDAQ:CENN) stock. Even before the onset of the Covid-19 pandemic, Naked Brand stock lost much of its value.

Is Naked stock done?

21. After this acquisition is completed, Naked Brand Group will keep its ticker, but change its name to Cenntro. So, Naked Brand Group isn’t going to be the same company that it has been for much longer. The acquisition is expected to be completed before the end of 2021.

Is Naked Brand done?

At the Sydney-based company’s AGM on Friday, chief executive and chairman Justin Davis-Rice confirmed Naked Brand is conducting due diligence with a “company in a sector that has forecast to have strong growth for many decades to come”.

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