China Online Education Group American depositary shares each representing 15 Class A (NYSE:COE) traded today at a new 52-week low of $2.45. This new low was reached on above average trading volume as 872,000 shares traded hands, while the average 30-day volume is approximately 234,000 shares.
Over the past year, China Online Education Group American depositary shares each representing 15 Class A has traded in a range of $2.45 to $30.85 and is now at $2.61.
There is potential upside of 51.7% for shares of China Online Education Group American depositary shares each representing 15 Class A based on a current price of $2.61 and an average consensus analyst price target of $3.96.
China Online Education Group is a leading online education platform in China, with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
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