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17 Education & Technology Group Inc. (YQ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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3.7300-0.2700 (-6.75%)
As of 3:55PM EDT. Market open.
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  • M
    MLyon
    When is this going back to $24?
  • s
    sivabalan
    Any spike we should sell it.
    I missed selling this two days back at 5.7
    Better to sell at loss instead of getting to 0
    Holding 1000 stocks at average price of $9
    Bearish
  • C
    Christopher
    Relax guys, revenue growth is doing well and even when goldman analysts are wrong, they are rarely that wrong. People are overplaying the regulatory risk, im going to keep averaging down.
    Neutral
  • S
    Stock
    got in at 6.50 , any advice?
  • s
    steve
    The only reason that I purchased the stock was the recommendation of Goldman. To me it is very scary that there has been no update from the firm after the release of the earnings
  • B
    Bawee
    Wow what a awesome time to buy in. This is incredible.
  • A
    Altidore
    WiMi Hologram Cloud Inc.
    $WIMI $YQ $SOS come on you can give us 6 today ……I’m cool with that.
    Bullish
  • J
    Joseph
    From YQ's CEO regarding the future of Chinese on-line education. A very insightful opinion I thought:

    I would like to talk about how I can see the education industry in the longer run. There have been a lot of attention around potential regulatory policies on the education sector. The online classroom and online education measured in the 14th five-year plan are not limited to online school, but also include the digitalization of various in-school education scenario. The education authorities also rolled out a series of supporting policies on online education, online homework, and personalized homework.

    For example, in the Opinions on Strengthening the Construction and Application of Online Education Resources in Primary and Secondary Schools, [Foreign language], and the Notice of Strengthening Homework Management in Schools and Compulsory Education [Foreign language], the government introduced new requirements to leverage technology to make in-school teachings more efficient and tailored to the needs of students. In the Guideline on Curbing Myopia among School Children [Foreign language] issued on April 28, the authorities also take an approach to allow our teaching time using digital products, which should be less than 30% of total teaching time. We believe these policies will benefit the industry in the long run and support orderly, healthy, and sustainable growth. It is also clear that the education authorities now have a clear vision about the current situation and the future direction of the education system.

    China has also included in its 14th five-year plan a long-term goal of becoming a strong country in education by 2035. Guided by our vision, we believe that we can support the government's efforts to improve education. We aim to improve the learning experience for students, address the challenges of education inequality, tailor education to meet students' individual educational needs, and stimulate students to pursue all-around development through ability-oriented education. Ultimately, education is to serve students, whether it's done in-school or after-school, whether it's delivered by teachers, instructors, or by tutors after school, and whether it is conducted online or offline.
  • A
    Anonymous
    All the holding ay YQ investor should locking up your shares that you have been bought
    Do not sell any shares . do not let those short seller make you scare .
    YQ is the best buy now for long investor more than the good buy TAL or buy GOYU they all cheap stock .
    All Chinese families concern their child education . this stock in heading direction revenue growth in future . as soon as hit over 5$ they will another spike to 6$.50 if the long holding continue clock up the shares push buy back and cover by short seller . this will easily back to 10$.
  • s
    sivabalan
    Goldman Sachs reduced target price to 5.3
    This stock is really under pressure because big guys like TAL, EDU themselves are trading rock bottom
    Bearish
  • J
    Jared
    YQ is in 70k schools across china. revenue is 107% increase year over year. They are not big enough to violate the anti-trust law in china making them an easy buy imo.
    Bullish
  • J
    Jared
    Chinese education industry is predicting a 530B industry come 2023- as of now its at 125B. YQ for the win
  • J
    Joseph
    Offloaded some shares to lower my cost average today. Now my cost average is down to: $4.50 and feel much better with my YQ investment for the long haul. Good Luck YQ Investors.
    Neutral
  • J
    Joseph
    Selling under $5 makes little sense. I am not giving away my shares. Let see if YQ can stay above $5. Brought a little more today. My cost average is now $5.33. Best of luck YQ investors.
    Bullish
  • A
    Anonymous
    YQ is very cheap on this prize . that is reason why people are keeping buy . and holding .
    what matter they up and down
    if every bodies are holding this stock should call your agent clock your shares up . i bet you they will not any shares to sell .
  • s
    steve
    Surprised that Goldman Sachs never came out with an update on this #$%$
  • Y
    Yahoo Finance Insights
    17 Education & Technology is up 11.93% to 5.44
  • l
    letitbe
    No good! Loss widening! No cost control. Get the hell out before you lose everything. It is a $2.50 stock.
  • J
    Joseph
    Questions & Answers:

    Operator

    [Operator instructions] Your first question comes from the line of Sheng Zhong from Morgan Stanley. Please ask your question.

    Sheng Zhong -- Morgan Stanley -- Analyst

    Hey, good morning. Thank you for taking the question. So we understand that your after-school tutoring students, meaning from your in-school service MAU conversion and also your offline operation, I mean, on the student acquisition perspective. While we see some regulatory -- regulation that is tightening the advertisement, customer acquisition for online companies.

    And also, we see many online companies, online education companies are doing the offline customer acquisition exploration. So I want to -- can you please share your insight or share some color of your current customer acquisition efficiency from the MAU conversion from the offline? And do you see any TAC change recently? And you also mentioned that MAU was largely flat because of high base last year, so what's your outlook for the MAU in next one to two years?

    Michael Chao Du -- Director and Chief Financial Officer

    I'll try to answer your question by question. So first, in terms of your overall question about latest efficiency, both be it as a result of the regulatory environment change or other institutions attempting to do off-line explorations, I think overall, we usually have larger conversion cycles in winter and the summer, but much smaller cycles during the spring and for semesters. So during the spring conversion cycles, so far, we don't see any major change in terms of efficiencies, or as you said, how we are able to get as sign-ups from MAUs. We don't see major change in those trends and as well as in CAC when you are talking about immediate impact from the regulatory change or others are participating in offline exploration.

    But the one thing we are happy to see is actually, the latest trend is basically proving the benefits of integral model where we believe more and more people will actually be leveraging. We'll be trying to recognize and to improve the teaching, as well as conversion efficiencies through our off-line presence.