Wey Education (WEY)

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FTSE AIM All-Share

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 9.03p
   
  • Change Today:
      0.000p
  • 52 Week High: 18.50
  • 52 Week Low: 5.13
  • Currency: UK Pounds
  • Shares Issued: 131.21m
  • Volume: 75,447
  • Market Cap: £11.84m
  • RiskGrade: 316
  • Beta: 0.00

Wey Education sees 'encouraging start' despite delays in China

By Iain Gilbert

Date: Monday 01 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Wey Education warned investors on Monday that its proposed joint venture with Starcube has been delayed until the group could ensure that arrangements for corporate governance and financial reporting were in place.
While Wey had seen the necessary documentation take longer to complete than originally anticipated, the educational services outfit assured shareholders the delay would not have any material effect on revenues or profits for its current trading year given its internal budgets for the anticipated build-up of operations.

Elsewhere, Wey unveiled an "encouraging start" to its current fiscal year, with all business divisions coming out of the gates hot.

The AIM-listed firm, which had previously stated that its priority for the current year was to drive growth in its international operations, traditional online school and B2B divisions, said it had seen sales activity "materially ahead of the equivalent position" a year earlier.

As of 0830 BST, Wey shares had dipped 2.29% to 14.66p.

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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 9.03p
Change Today 0.000p
% Change 0.00 %
52 Week High 18.50
52 Week Low 5.13
Volume 75,447
Shares Issued 131.21m
Market Cap £11.84m
Beta 0.00
RiskGrade 316

Wey Education Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.52% below the market average58.52% below the market average58.52% below the market average58.52% below the market average58.52% below the market average
29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average
Price Trend
33.3% below the market average33.3% below the market average33.3% below the market average33.3% below the market average33.3% below the market average
44.19% below the sector average44.19% below the sector average44.19% below the sector average44.19% below the sector average44.19% below the sector average
Income Not Available
Growth
86.74% above the market average86.74% above the market average86.74% above the market average86.74% above the market average86.74% above the market average
96.64% above the sector average96.64% above the sector average96.64% above the sector average96.64% above the sector average96.64% above the sector average

Wey Education Dividends

No dividends found

Trades for 23-Aug-2019

Time Volume / Share Price
09:23 50,000 @ 8.75p
09:06 9,300 @ 8.78p
08:51 16,147 @ 9.09p

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