51Talk (COE) Stock Surges Over 5% Amid Market Activity

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Dec 19, 2024
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51Talk (COE, Financial) experienced a significant stock movement, with its price rising by 5.10%. The stock is currently trading at $17.30 per share with a trading volume of 12,003 shares, reflecting a turnover rate of 0.21% and a price fluctuation of 8.54%. Recent financial reports indicate an operating revenue of $14.05 million, a net loss of $633,000, and earnings per share of -$0.11. The gross profit stands at $11.06 million, with a price-to-earnings ratio of -9.44. Currently, no institutional ratings are available for 51Talk.

In the broader education services sector, which saw an overall increase of 0.69%, stocks like LiXiang Education, Vasta Platform Limited, and Epicquest Education Group International Limited reported notable gains. LiXiang Education also showed a high turnover rate of 10.31% and a significant price fluctuation of 32.26%.

51Talk is a leading online education platform focusing on English education, aiming to make quality education accessible and affordable for students across China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.