China Online Education Group (NYSE:COE) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Friday, September 1st.
Shares of China Online Education Group (NYSE:COE) opened at 14.55 on Friday. The stock’s 50 day moving average price is $14.38 and its 200-day moving average price is $13.80. China Online Education Group has a 52-week low of $12.45 and a 52-week high of $22.95. The stock’s market cap is $291.36 million.
China Online Education Group (NYSE:COE) last issued its quarterly earnings results on Friday, August 25th. The company reported ($1.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($1.04). China Online Education Group had a negative return on equity of 2,476.17% and a negative net margin of 92.66%. The business had revenue of $28.29 million for the quarter. On average, analysts predict that China Online Education Group will post ($3.37) earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in China Online Education Group stock. Symmetry Peak Management LLC acquired a new position in shares of China Online Education Group (NYSE:COE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,500 shares of the company’s stock, valued at approximately $240,000. Symmetry Peak Management LLC owned 0.06% of China Online Education Group as of its most recent SEC filing. Institutional investors and hedge funds own 24.03% of the company’s stock.
China Online Education Group Company Profile
China Online Education Group is engaged in providing online English language education services to students in the People’s Republic of China (the PRC). The Company operates an online education platform that provides online tutoring programs to students through the Internet. Its platform analyzes teachers’ teaching aptitudes, feedback and rating from students, as well as background, and recommends suitable teachers to students according to their respective characteristics and learning objectives.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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