Shares of 51Talk Online Education Group (NYSE:COE - Get Free Report) were up 2% on Tuesday . The company traded as high as $33.40 and last traded at $33.44. Approximately 1,417 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 13,762 shares. The stock had previously closed at $32.77.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered 51Talk Online Education Group from a "buy" rating to a "hold" rating in a report on Sunday, May 18th.
View Our Latest Research Report on 51Talk Online Education Group
51Talk Online Education Group Trading Up 2.0%
The stock has a fifty day moving average of $29.75 and a two-hundred day moving average of $22.91. The stock has a market capitalization of $195.49 million, a price-to-earnings ratio of -18.68 and a beta of 0.04.
51Talk Online Education Group (NYSE:COE - Get Free Report) last released its quarterly earnings results on Monday, June 9th. The company reported ($0.25) earnings per share for the quarter. During the same quarter in the previous year, the business earned ($0.69) earnings per share.
Institutional Investors Weigh In On 51Talk Online Education Group
A hedge fund recently raised its stake in 51Talk Online Education Group stock. JPMorgan Chase & Co. increased its stake in shares of 51Talk Online Education Group (NYSE:COE - Free Report) by 74.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,802 shares of the company's stock after purchasing an additional 16,150 shares during the period. JPMorgan Chase & Co. owned approximately 0.65% of 51Talk Online Education Group worth $1,247,000 as of its most recent SEC filing.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider 51Talk Online Education Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and 51Talk Online Education Group wasn't on the list.
While 51Talk Online Education Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access