China Online Education Group (NYSE:COE) released its quarterly earnings data on Friday. The company reported ($1.05) EPS for the quarter, missing the consensus estimate of ($0.01) by $1.04, Morningstar.com reports. The business had revenue of $28.29 million for the quarter. China Online Education Group had a negative net margin of 117.94% and a negative return on equity of 2,476.17%.
China Online Education Group (NYSE COE) opened at 15.00 on Friday. The firm has a 50-day moving average price of $17.56 and a 200 day moving average price of $16.70. The stock’s market capitalization is $300.38 million. China Online Education Group has a 12 month low of $12.45 and a 12 month high of $22.95.
An institutional investor recently bought a new position in China Online Education Group stock. Symmetry Peak Management LLC bought a new position in China Online Education Group (NYSE:COE) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,500 shares of the company’s stock, valued at approximately $240,000. Symmetry Peak Management LLC owned approximately 0.06% of China Online Education Group at the end of the most recent quarter. Institutional investors own 24.05% of the company’s stock.
China Online Education Group Company Profile
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.
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