China Online Education Group (NYSE:COE) price is hovering lower on Tuesday, October 26, dropping -5.33% below its $2.78, with intraday deals fluctuating between $2.37 and $3.17. The company’s 5Y monthly beta was ticking -0.73 while its P/E ratio in the trailing 12-month period read 9.49. Taking into account the 52-week price action we note that the stock hit a 52-week high of $30.85 and 52-week low of $1.92. The stock added 18.30%
China Online Education Group, which has a market valuation of $62.47 million, is expected to release its quarterly earnings report Nov 22, 2021 – Nov 26, 2021. Analysts tracking COE have forecast the quarterly EPS to shrink by -0.31 per share this quarter, while the same analysts predict the annual EPS to hit -$0.22 for the year 2021 and up to $0.58 for 2022. In this case, analysts estimate an annual EPS growth of -123.40% for the year and 363.60% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $90.89 million, with the likely lows of $89.37 million and highs of $92.4 million. The average estimate suggests sales growth for the quarter will likely rise by 22.30% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $378.54 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 18.60% above that which the company brought in 2021.
no upward and no downward reviews. On the technical perspective front, indicators give COE a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here 2 analysts have assigned COE a recommendation rating as follows: 1 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the China Online Education Group (COE) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Overweight,
The overview shows that COE’s price is at present 3.59% off the SMA20 and -1.94% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.34, with weekly volatility standing at 12.73%. The indicator jumps to 12.50% when calculated based on the past 30 days. China Online Education Group (NYSE:COE)’s beta value is holding at -0.78, while the average true range (ATR) indicator is currently reading 0.30. Considering analysts have assigned the stock a price target range of $58.16-$58.16 as the low and high respectively, we find the trailing 12-month average consensus price target to be $58.16. Based on this estimate, we see that today’s price at last check is roughly -2111.41% off the estimated low and -2111.41% off the forecast high. Investors will no doubt be excited to see the share price fall to $58.16, which is the median consensus price, and at that level COE would be -2111.41% from recent price.
Turning out attention to how the China Online Education Group stock has performed in comparison to its peers in the industry, here’s what we find: COE’s stock is -5.33% on the day and -88.87% in the past 12 months, while The RealReal Inc. (REAL) traded 6.78% in the latest session and is positioned -10.48% down on its price 12 months ago. Elsewhere in the market, the S&P 500 Index has rallied 0.47% in today’s early trading, with the Dow Jones Industrial also seeing a positive session on the day with 0.34%.
An analysis of the China Online Education Group (NYSE:COE) stock in terms of its daily trading volume indicates that the 3-month average is 811.71K. However, this figure increases on the past 10-day timeline to an average of 0.75 million.
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Current records show that the company has 21.76M in outstanding shares. The insiders’ percentage holdings are 2.13% of outstanding shares while the percentage share held by institutions stands at 90.90%. The stats also highlight that short interest as of Sep 14, 2021, stood at 0.35 million shares, which puts the short ratio at the time at 0.35. From this we can glean that short interest is 1.63% of company’s current outstanding shares. Notably, we see that shares short in September rose slightly given the previous month’s figure stood at 0.18 million. But the -89.75% downside,