China Online Education Group (NYSE:COE) posted its earnings results on Wednesday. The company reported ($0.23) earnings per share for the quarter, Morningstar.com reports. The business had revenue of $51.48 million for the quarter. China Online Education Group updated its Q3 2019 guidance to EPS.
COE opened at $7.27 on Thursday. China Online Education Group has a fifty-two week low of $3.68 and a fifty-two week high of $9.78. The company’s 50 day moving average price is $5.36 and its two-hundred day moving average price is $6.03.
Separately, ValuEngine raised shares of China Online Education Group from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.
China Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China and the Philippines. It operates online and mobile education platforms that enable students to take live interactive English lessons with international foreign teachers.
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