51Talk Online Education Group (COE) Stock Forecast, Price & News

51Talk Online Education Group's stock was trading at $6.30 at the start of the year. Since then, COE shares have increased by 38.1% and is now trading at $8.70.
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51Talk Online Education Group saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 10,700 shares, a drop of 19.5% from the August 15th total of 13,300 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.3% of the company's shares are sold short.
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51Talk Online Education Group (NYSE:COE) issued its quarterly earnings data on Friday, August, 25th. The company reported ($0.51) earnings per share (EPS) for the quarter. The firm earned $6.26 million during the quarter. 51Talk Online Education Group had a negative net margin of 47.11% and a negative trailing twelve-month return on equity of 194.32%.

Shares of 51Talk Online Education Group reverse split before market open on Thursday, December 15th 2022. The 1-4 reverse split was announced on Thursday, December 15th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, December 15th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

710 employees have rated 51Talk Online Education Group Chief Executive Officer Jack Jiajia Huang on Glassdoor.com. Jack Jiajia Huang has an approval rating of 60% among the company's employees. This puts Jack Jiajia Huang in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other 51Talk Online Education Group investors own include Pfizer (PFE), Gilead Sciences (GILD), Occidental Petroleum (OXY), Vaxart (VXRT), Verizon Communications (VZ), Amarin (AMRN), CRISPR Therapeutics (CRSP), Micron Technology (MU), QUALCOMM (QCOM) and Exxon Mobil (XOM).

(COE) raised $46 million in an initial public offering on Friday, June 10th 2016. The company issued 2,400,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley and Credit Suisse served as the underwriters for the IPO.

51Talk Online Education Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "COE."

Shares of COE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COE stock can currently be purchased for approximately $8.70.

51Talk Online Education Group (NYSE:COE) has a market capitalization of $48.98 million and generates $15.05 million in revenue each year. The company earns $-42,560,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis.

The company employs 171 workers across the globe.

51Talk Online Education Group's mailing address is 6TH FLOOR DESHI BUILDING SOUTH SHANGDI STREET HAIDIAN DISTRICT, BEIJING F4, 100085. The official website for the company is www.51talk.com. The company can be reached via phone at 86-10-5692-8909 or via email at ir@51talk.com.