China Online Education Group (COE) to Release Earnings on Friday

China Online Education Group (NYSE:COE – Get Rating) is scheduled to release its earnings data before the market opens on Friday, June 24th.

China Online Education Group (NYSE:COE – Get Rating) last released its quarterly earnings results on Thursday, March 24th. The company reported $0.50 EPS for the quarter. China Online Education Group had a negative return on equity of 12.96% and a net margin of 4.91%. The company had revenue of $88.65 million for the quarter.

NYSE:COE traded up $0.11 during trading hours on Thursday, reaching $1.32. 15,767 shares of the stock were exchanged, compared to its average volume of 37,658. The business has a 50-day moving average of $1.28 and a two-hundred day moving average of $1.29. China Online Education Group has a twelve month low of $0.76 and a twelve month high of $9.09. The company has a market capitalization of $29.36 million, a price-to-earnings ratio of 1.83 and a beta of -0.50.

Separately, StockNews.com assumed coverage on China Online Education Group in a research note on Wednesday. They set a “hold” rating on the stock.

An institutional investor recently raised its position in China Online Education Group stock. Envestnet Asset Management Inc. grew its position in shares of China Online Education Group (NYSE:COE – Get Rating) by 193.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,979 shares of the company’s stock after purchasing an additional 36,885 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.26% of China Online Education Group worth $98,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 69.25% of the company’s stock.

China Online Education Group Company Profile (Get Rating)

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. The company operates online and mobile education platforms that enable students to take live interactive English lessons with international foreign teachers.

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