China Online Education Group – (NYSE:COE) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, April 18th.
According to Zacks, “China Online Education Group provides online education platform primarily in China. The Company offers english language education services through online and mobile education platforms. China Online Education Group is headquartered in Beijing, the People’s Republic of China. “
China Online Education Group – (NYSE:COE) traded down 0.45% during midday trading on Tuesday, hitting $17.69. The stock had a trading volume of 27,700 shares. The company’s market cap is $354.24 million. The firm’s 50-day moving average price is $17.82 and its 200 day moving average price is $15.48. China Online Education Group – has a 12 month low of $12.45 and a 12 month high of $25.24.
China Online Education Group – (NYSE:COE) last issued its quarterly earnings data on Wednesday, March 22nd. The company reported ($1.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $1.10. The business had revenue of $18.47 million during the quarter. On average, analysts expect that China Online Education Group – will post ($2.81) earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This piece of content was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of international copyright laws. The original version of this piece of content can be accessed at https://sportsperspectives.com/2017/05/19/china-online-education-group-coe-stock-rating-lowered-by-zacks-investment-research-updated-updated-updated.html.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in COE. Symmetry Peak Management LLC acquired a new position in China Online Education Group – during the first quarter worth approximately $240,000. Indus Capital Partners LLC boosted its position in China Online Education Group – by 1,051.4% in the fourth quarter. Indus Capital Partners LLC now owns 18,561 shares of the company’s stock worth $289,000 after buying an additional 16,949 shares in the last quarter. Finally, Ariose Capital Management Ltd boosted its position in China Online Education Group – by 1,211.0% in the third quarter. Ariose Capital Management Ltd now owns 327,754 shares of the company’s stock worth $6,381,000 after buying an additional 302,754 shares in the last quarter. 8.45% of the stock is currently owned by hedge funds and other institutional investors.
About China Online Education Group –
China Online Education Group is engaged in providing online English language education services to students in the People’s Republic of China (the PRC). The Company operates an online education platform that provides online tutoring programs to students through the Internet. Its platform analyzes teachers’ teaching aptitudes, feedback and rating from students, as well as background, and recommends suitable teachers to students according to their respective characteristics and learning objectives.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for China Online Education Group - Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Online Education Group - and related companies with MarketBeat.com's FREE daily email newsletter.