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51Talk Online Education Group (NYSE:COE) Trading Down 7.5% - Should You Sell?

51Talk Online Education Group logo with Consumer Discretionary background

Shares of 51Talk Online Education Group (NYSE:COE - Get Free Report) were down 7.5% during mid-day trading on Tuesday . The company traded as low as $30.51 and last traded at $30.51. Approximately 35,302 shares traded hands during trading, an increase of 151% from the average daily volume of 14,064 shares. The stock had previously closed at $33.00.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on COE

51Talk Online Education Group Price Performance

The firm has a market cap of $162.43 million, a P/E ratio of -15.52 and a beta of -0.14. The company's 50 day moving average is $23.31 and its two-hundred day moving average is $20.68.

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

51Talk Online Education Group Company Profile

(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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