MYT - Urban Tea, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.6600
+0.0275 (+4.35%)
At close: 3:58PM EDT

0.6400 -0.02 (-3.03%)
After hours: 4:02PM EDT

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Previous Close0.6325
Open0.6300
Bid0.6601 x 800
Ask0.6400 x 1300
Day's Range0.5812 - 0.6998
52 Week Range0.5800 - 2.7700
Volume179,635
Avg. Volume405,541
Market Cap17.253M
Beta (3Y Monthly)2.11
PE Ratio (TTM)N/A
EPS (TTM)-6.0320
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire18 days ago

    Urban Tea, Inc. Announces Closing of $4.6 Million Registered Direct Offering

    NEW YORK, May 31, 2019 /PRNewswire/ -- Urban Tea, Inc. (the "Company") (MYT), a premier retailer of specialty teas and baked goods in China, announced today the closing of its previously announced registered direct offering on May 29, 2019 to certain institutional investors of 2,845,000 ordinary shares and warrants to purchase up to 1,809,420 ordinary shares, at a purchase price of $1.62 for one ordinary share and a corresponding warrant, for proceeds of approximately $4.6 million. After deducting the placement agent's commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $4.1 million. The Company intends to use the net proceeds of the offering for general corporate purposes and working capital.

  • PR Newswire25 days ago

    Urban Tea, Inc. Announces Pricing of Approximately $4.6 Million Registered Direct Offering

    NEW YORK, May 24, 2019 /PRNewswire/ -- Urban Tea, Inc. (the "Company") (MYT), a premier retailer of specialty teas and baked goods in China, announced today it has entered into a securities purchase agreement with certain institutional investors to purchase approximately $4.6 million worth of its ordinary shares and warrants to purchase ordinary shares in a registered direct offering. Under the terms of the securities purchase agreement, the Company has agreed to sell 2,845,000 ordinary shares and to issue warrants to purchase up to 1,809,420 ordinary shares.

  • PR Newswire27 days ago

    Urban Tea Inc. Announces Strategic Plan to Explore Selected Overseas Markets

    CHANGSHA, China, May 22, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (MYT), a premier retailer of specialty teas and baked goods in China, announced its strategic business plan to expand its business to selected overseas markets. Since November 2018, the Company has opened 9 company-owned stores in Changsha, Xiangtan, Liuyang and Shaoyang in Hunan Province (including the grand opening of a new store on May 20, 2019). The Company advocates "Freshly made, low- calorie" eating habits, selling fresh, natural, delicious European style pastries, fruit teas and light meals.

  • PR Newswirelast month

    /C O R R E C T I O N -- Urban Tea Inc./

    In the news release, Urban Tea Inc. Announces Strategic Plan to Develop Tea Beverage Market, issued 08-May-2019 by Urban Tea Inc. over PR Newswire, we are advised by the company that due to an inadvertent ...

  • PR Newswirelast month

    Urban Tea Inc. Announces Strategic Plan to Develop Tea Beverage Market

    CHANGSHA, China , May 8, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or " Urban Tea ") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods in ...

  • PR Newswire2 months ago

    Urban Tea Inc. Regains Compliance with Nasdaq Listing Rules

    CHANGSHA, China , May 3, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or " Urban Tea ") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods in ...

  • Urban Tea Announces Sale of Chemicals Business and Shifts Focus on Expanding to Tea Beverage Market
    PR Newswire2 months ago

    Urban Tea Announces Sale of Chemicals Business and Shifts Focus on Expanding to Tea Beverage Market

    CHANGSHA, China, April 23, 2019 /PRNewswire/ -- Urban Tea Inc. (the "Company", "we" or "Urban Tea") (MYT), a premier retailer of specialty teas and baked goods in China, announced today that the sale of the Company's wholly-owned specialty chemicals was completed on April 13, 2019 after shareholders' approval at the shareholders meeting on March 29, 2019. Since November 2018, the Company has opened a total of 8 stores including two flagship stores and six general stores with the ninth store pending for its grand opening in Hunan Province.