Is Elite Education Group a Winner in the Education & Training Services Industry?

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The company has a major study-abroad partnership with Miami University (MU) of Ohio. It provides residential accommodations, a full-service cafeteria, recreational facilities, shuttle buses, and a campus office that offers students various study abroad and post-study services.

EEIQ’s shares have gained 23.7% in price over the past three months, driven by its continued efforts to expand its operations and further collaborate with domestic universities and institutions. However, it closed yesterday’s trading session at $5.58 and is currently trading 84.1% below its 52-week high of $35.20, which it hit on March 26. China recently tightened regulations for the private after-school education industry, a move that could negatively affect the company’s growth prospects.

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