Dalton Investments LLC Sells 36,352 Shares of China Online Education Group – (NYSE:COE)

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Dalton Investments LLC trimmed its stake in shares of China Online Education Group – (NYSE:COE) by 24.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 110,200 shares of the company’s stock after selling 36,352 shares during the quarter. Dalton Investments LLC owned 0.55% of China Online Education Group worth $831,000 as of its most recent SEC filing.

Separately, ValuEngine upgraded China Online Education Group from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.

NYSE:COE opened at $7.20 on Friday. China Online Education Group – has a 52-week low of $3.68 and a 52-week high of $9.78. The business’s fifty day moving average is $5.36 and its 200 day moving average is $6.03.

China Online Education Group (NYSE:COE) last released its quarterly earnings data on Wednesday, September 11th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $51.48 million during the quarter.

About China Online Education Group

China Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China and the Philippines. It operates online and mobile education platforms that enable students to take live interactive English lessons with international foreign teachers.

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