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51Talk Online Education Group (NYSE:COE) Shares Down 3.5% - Should You Sell?

51Talk Online Education Group logo with Consumer Discretionary background

51Talk Online Education Group (NYSE:COE - Get Free Report)'s stock price was down 3.5% during mid-day trading on Tuesday . The stock traded as low as $28.55 and last traded at $29.05. Approximately 14,559 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 13,780 shares. The stock had previously closed at $30.10.

Analysts Set New Price Targets

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

View Our Latest Analysis on COE

51Talk Online Education Group Stock Up 0.7%

The firm has a market cap of $171.32 million, a price-to-earnings ratio of -16.37 and a beta of 0.05. The business has a 50 day moving average price of $26.57 and a 200-day moving average price of $21.84.

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

About 51Talk Online Education Group

(Get Free Report)

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.

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