51Talk Online Education Group (NYSE:COE) Issues Earnings Results

51Talk Online Education Group (NYSE:COEGet Free Report) posted its earnings results on Friday. The company reported ($0.81) earnings per share (EPS) for the quarter, reports. The company had revenue of $7.66 million during the quarter. 51Talk Online Education Group had a negative net margin of 50.47% and a negative return on equity of 1,347.36%.

51Talk Online Education Group Price Performance

Shares of COE opened at $7.00 on Monday. 51Talk Online Education Group has a one year low of $4.40 and a one year high of $9.24. The stock’s fifty day moving average is $7.00 and its 200-day moving average is $7.71.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on 51Talk Online Education Group in a report on Saturday. They set a “hold” rating on the stock.

Get Our Latest Analysis on COE

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of COE. Renaissance Technologies LLC grew its holdings in 51Talk Online Education Group by 2.5% during the second quarter. Renaissance Technologies LLC now owns 290,500 shares of the company’s stock worth $401,000 after acquiring an additional 7,000 shares during the period. Envestnet Asset Management Inc. grew its holdings in 51Talk Online Education Group by 193.2% during the first quarter. Envestnet Asset Management Inc. now owns 55,979 shares of the company’s stock worth $98,000 after acquiring an additional 36,885 shares during the period. Finally, UBS Group AG grew its holdings in 51Talk Online Education Group by 179.1% during the fourth quarter. UBS Group AG now owns 7,836 shares of the company’s stock worth $49,000 after acquiring an additional 5,028 shares during the period.

51Talk Online Education Group Company Profile

(Get Free Report)

51Talk Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China, the Philippines, and internationally. The company operates online and mobile education platforms that enable students to take live interactive English and Chinese lessons.

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Earnings History for 51Talk Online Education Group (NYSE:COE)

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