51Talk Online Education Group (NYSE:COE) Sees Large Growth in Short Interest

51Talk Online Education Group (NYSE:COE - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 11,800 shares, a growth of 32.6% from the May 15th total of 8,900 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the company's stock are sold short.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of 51Talk Online Education Group from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th.

51Talk Online Education Group Trading Up 2.6%

Shares of NYSE COE traded up $0.76 during midday trading on Friday, reaching $29.76. The company had a trading volume of 8,375 shares, compared to its average volume of 14,576. The stock has a market cap of $174.03 million, a P/E ratio of -16.63 and a beta of -0.14. 51Talk Online Education Group has a 1 year low of $9.33 and a 1 year high of $31.96. The business's 50-day simple moving average is $20.33 and its 200 day simple moving average is $19.61.

51Talk Online Education Group (NYSE:COE - Get Free Report) last issued its earnings results on Monday, June 9th. The company reported ($0.25) earnings per share (EPS) for the quarter. During the same period in the prior year, the firm posted ($0.69) earnings per share.

51Talk Online Education Group Company Profile

51Talk Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China, the Philippines, and internationally. The company operates online and mobile education platforms that enable students to take live interactive English and Chinese lessons.