Is it Time to Dump 51Talk Online Education Group-ADR (COE) Stock After it Has Gained 1.81% in a Week?

Friday, December 30, 2022 03:56 PM | InvestorsObserver Analysts

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Is it Time to Dump 51Talk Online Education Group-ADR (COE) Stock After it Has Gained 1.81% in a Week?

The market has been down on 51Talk Online Education Group-ADR (COE) stock recently. COE gets a Bearish score from InvestorsObserver Stock 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?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With COE Stock Today?

51Talk Online Education Group-ADR (COE) stock has gained 7.09% while the S&P 500 is lower by -0.3% as of 3:07 PM on Friday, Dec 30. COE is up $0.41 from the previous closing price of $5.78 on volume of 22,496 shares. Over the past year the S&P 500 has fallen -19.94% while COE is up 44.63%. COE lost -$10.55 per share in the over the last 12 months. To screen for more stocks like 51Talk Online Education Group-ADR click here.

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.