Elite Education Group International Limited (NASDAQ:EEIQ) has become a highly popular educations solutions provider to university students in China who want to pursue programs in the United States.
Yesterday, the Elite Education stock came into focus after the company made an announcement with regards to an operations update for the latter half year period for the fiscal year that had ended on September 30, 2021. The Elite Education stock ended the day with gains of as much as 13.50% after the announcement had been made. Jianbo Zhang, the Chief Executive Officer and Chairman of the company provided the key updates.
He stated that Elite Education managed to record strong recruitment as well as enrolment numbers for the English Language Program for the Spring 2022 semester at the Miami University of Ohio campuses. The numbers were actually higher than the ones that had been recorded in the prior year period.
Zhand went on to state that it was another indication that things were on the verge of going back to normal after the difficulties that had been faced by Elite Education during the coronavirus pandemic. Investors could consider adding the Elite Education stock on to their watch lists at this point.
