Shares of 51Talk (COE, Financial), a prominent Chinese online education platform, saw a significant dip in their stock price, dropping 5.43%. The stock is currently priced at $13.75 with a trading volume of 1,230 shares, a turnover rate of 0.02%, and a volatility of 0.76%.
The company's recent financial reports indicate a revenue of $10.96 million, but a net loss of $1.25 million, translating to an earnings per share (EPS) of -$0.22. The gross profit stands at $8.56 million, while the price-to-earnings (P/E) ratio is negative at -7.82, reflecting profitability challenges.
No institutional ratings or recommendations regarding buying, holding, or selling have been provided for 51Talk at the moment. Within the broader education services sector, which has seen an average rise of 0.12%, some related stocks like Stride, Sunlands Technology Group, and Epicquest Education Group International Limited have experienced notable gains. Stride, New Oriental, and Ambow Education have been actively traded, with turnover rates of 13.84%, 2.38%, and 1.88%, respectively. High volatility was observed in Legacy Education Inc., Ambow Education, and China Liberal Education Holdings, with respective volatilities of 16.92%, 15.31%, and 14.67%.
51Talk is an English-focused online education platform aiming to make quality education accessible and affordable. Its services connect students across China with international teachers for live, interactive English lessons.
