China Online Education Group (NYSE:COE) Earning Favorable News Coverage, Accern Reports
Media headlines about China Online Education Group (NYSE:COE) have trended positive on Sunday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Online Education Group earned a coverage optimism score of 0.35 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.2589863856794 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of China Online Education Group (COE) traded down 2.29% during midday trading on Friday, reaching $17.96. 48,045 shares of the company were exchanged. China Online Education Group has a 52 week low of $12.45 and a 52 week high of $23.25. The firm’s market capitalization is $359.65 million. The firm has a 50-day moving average of $17.41 and a 200 day moving average of $16.52.
China Online Education Group (NYSE:COE) last announced its earnings results on Monday, May 22nd. The company reported ($1.05) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $1.04. The company had revenue of $23.18 million for the quarter. China Online Education Group had a negative return on equity of 2,476.17% and a negative net margin of 117.94%. On average, equities research analysts expect that China Online Education Group will post ($3.29) EPS for the current year.
Separately, Zacks Investment Research raised shares of China Online Education Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 25th.
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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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