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51Talk Online Education Group Announces the Results for the Fourth Quarter and Full Year 2023
PRNewswire (Fri, 22-Mar 6:00 AM ET)
PRNewswire (Wed, 20-Mar 5:00 AM ET)
51 Talk Online Education Group is an online education platform in China, with core expertise in English education. The company's mission is to make quality education accessible and affordable. It's online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand.
51 Talk Online Education trades on the AMEX stock market under the symbol COE.
As of April 18, 2024, COE stock price climbed to $6.60 with 1,277 million shares trading.
COE has a market cap of $37.59 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, COE stock traded as high as $22.63 and as low as $.76.
COE has outperformed the market in the last year with a return of +26.7%, while the SPY ETF gained +22.3%. However, in the most recent history, COE shares have underperformed the stock market with its stock returning -13.5% in the last 3 month period and -5.3% for the last 2 week period, while SPY has returned +6.1% and -3.8%, respectively.
COE support price is $6.05 and resistance is $7.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COE stock will trade within this expected range on the day.