How Will the Market React to 51Talk Online Education Group-ADR (COE) Stock Getting a Bearish Rating

Wednesday, February 08, 2023 02:49 PM | InvestorsObserver Analysts

Mentioned in this article

How Will the Market React to 51Talk Online Education Group-ADR (COE) Stock Getting a Bearish Rating

51Talk Online Education Group-ADR (COE) stock is up 1.48% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

51Talk Online Education Group-ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on COE!

See Full COE Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With COE Stock Today?

51Talk Online Education Group-ADR (COE) stock is trading at $6.18 as of 2:39 PM on Wednesday, Feb 8, a drop of -$0.02, or -0.32% from the previous closing price of $6.20. Volume today is 8,014 compared to average volume of 9,438. The stock has traded between $6.00 and $6.30 so far today.

More About 51Talk Online Education Group-ADR

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. Click Here to get the full Stock Report for 51Talk Online Education Group-ADR stock.