China Online Education Group American depositary shares, each representing 15 Class A ordinary shares (NYSE:COE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “China Online Education Group provides online education platform primarily in China. The Company offers english language education services through online and mobile education platforms. China Online Education Group is headquartered in Beijing, the People’s Republic of China. “

Separately, Morgan Stanley initiated coverage on shares of China Online Education Group American depositary shares, each representing 15 Class A ordinary shares in a research report on Friday, July 8th. They issued an “overweight” rating on the stock.

China Online Education Group American depositary shares, each representing 15 Class A ordinary shares (NYSE:COE) opened at 22.34 on Thursday. The firm’s 50-day moving average price is $21.44 and its 200-day moving average price is $20.95. China Online Education Group American depositary shares, each representing 15 Class A ordinary shares has a 12-month low of $18.06 and a 12-month high of $25.24. The company’s market cap is $447.36 million.

China Online Education Group American depositary shares, each representing 15 Class A ordinary shares (NYSE:COE) last issued its earnings results on Tuesday, August 23rd. The company reported ($2.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.71) by $2.06. Equities research analysts forecast that China Online Education Group American depositary shares, each representing 15 Class A ordinary shares will post ($4.57) earnings per share for the current fiscal year.

About China Online Education Group American depositary shares, each representing 15 Class A ordinary shares

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