Wey Education (WEY)

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FTSE AIM All-Share

18.35p
   
  • Change Today:
      2.20p
  • 52 Week High: 18.78
  • 52 Week Low: 5.13
  • Currency: UK Pounds
  • Shares Issued: 138.19m
  • Volume: 824,428
  • Market Cap: £25.36m
  • RiskGrade: 185

Wey Education launching online language school

By Josh White

Date: Thursday 29 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Educational services provider Wey Education announced on Thursday that it was planning to expand its activities by opening an online language school using the IT platform newly developed for its mainstream online schools business, in September.
The AIM-traded company said the new language school - to be called 'Quoralexis' - would initially offer tuition in English as a foreign language (EFL), but was intended in due course to expand the offering into a range of foreign languages.

Its board said Wey had "considerable experience" in teaching EFL to secondary school age pupils attending its online schools, but the new offering would create a new profit centre within the group and facilitate an expansion into teaching all age groups, rather than just secondary school pupils.

It would be available on a global basis.

"The company has developed considerable experience of teaching foreign languages at iGCSE and A level online, where in addition to modern European languages such as French, German and Spanish, the company has offered more exotic choices such as Latin," Wey's board said in a statement.

"The company believes that there is an attractive opportunity to provide interactive online language teaching to students of all ages, either seeking an academic qualification or a better working knowledge of the relevant language.

"The business will be operated from the company's existing offices with a dedicated general manager, using the company's existing systems and resources."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Wey Education Market Data

Currency UK Pounds
Share Price 18.35p
Change Today 2.20p
% Change 13.62 %
52 Week High 18.78
52 Week Low 5.13
Volume 824,428
Shares Issued 138.19m
Market Cap £25.36m
RiskGrade 185

Wey Education Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.43% below the market average91.43% below the market average91.43% below the market average91.43% below the market average91.43% below the market average
73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average
Price Trend
56.74% above the market average56.74% above the market average56.74% above the market average56.74% above the market average56.74% above the market average
52.46% above the sector average52.46% above the sector average52.46% above the sector average52.46% above the sector average52.46% above the sector average
Income Not Available
Growth
83.47% above the market average83.47% above the market average83.47% above the market average83.47% above the market average83.47% above the market average
92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average

Wey Education Dividends

No dividends found

Trades for 25-Feb-2020

Time Volume / Share Price
15:38 46,000 @ 18.20p
16:28 10,854 @ 18.38p
16:28 16,348 @ 18.35p
16:19 32,034 @ 18.05p
15:28 8,119 @ 18.40p

Wey Education Key Personnel

Chair Barrie Whipp
CEO Jacqueline Daniell

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