51Talk Online Education Group (NYSE:COE - Get Free Report) shares traded up 2% on Tuesday . The company traded as high as $33.40 and last traded at $33.44. 1,417 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 13,762 shares. The stock had previously closed at $32.77.
Analyst Ratings Changes
Separately, Wall Street Zen cut shares of 51Talk Online Education Group from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th.
Check Out Our Latest Stock Analysis on COE
51Talk Online Education Group Trading Up 5.5%
The company has a market capitalization of $199.09 million, a price-to-earnings ratio of -19.02 and a beta of 0.04. The firm has a 50-day moving average price of $30.34 and a 200-day moving average price of $23.18.
51Talk Online Education Group (NYSE:COE - Get Free Report) last posted 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 prior year, the business earned ($0.69) earnings per share.
Hedge Funds 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 51Talk Online Education Group (NYSE:COE - Free Report) by 74.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,802 shares of the company's stock after buying an additional 16,150 shares during the period. JPMorgan Chase & Co. owned 0.65% of 51Talk Online Education Group worth $1,247,000 as of its most recent SEC filing.
51Talk Online Education Group Company Profile
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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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