China Online Education Group (COE) Stock: Why It’s Headed For The Bottom – iWatch Markets

China Online Education Group (COE) is falling in the market today. The stock, one that is focused in the service space, is currently trading at $6.02 after heading down -5.20% so far in today’s session. When it comes to service sector stocks, there are quite a few aspects that have the potential to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines centered around COE:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

However, any time investors are making an investing decision, prospective investors should look at far more than news, especially in the ever incredibly complex service sector. Here’s what’s going on with China Online Education Group.

Recent Moves From COE

Although a move down in a single session, like what we’re seeing from China Online Education Group might lead to fear in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a company. It is always a good idea to look into trends for a period longer than a single trading day. As it relates to COE, here are the returns that investors have experienced:

  • Weekly – Over the last week, COE has generated a change in price that amounts to -0.17%.
  • Past 30 Days – The ROI from China Online Education Group over the last month comes to 1.18%.
  • Past Three Months – Throughout the past quarter, the stock has generated a return that works out to -8.23%
  • Past 6 Months – Throughout the previous 6 months, we’ve seen a change that equates to -31.36% from the company.
  • Year To Date – Since the close of last year COE has generated a return on investment of -16.62%.
  • Full Year – Finally, throughout the last year, investors have seen a change that works out to -44.26% out of COE. Over this period, the stock has traded at a high of -51.61% and a low price of 20.16%.

Ratios Worth Watching

Looking at various key ratios having to do with a company can provide prospective traders a look of just how dangerous and/or rewarding a an investment option may be. Here are some of the key ratios to consider when digging into COE.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it shows that more investors are expecting that the stock is headed for declines. Throughout the sector, strong service sector stocks tend to have a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the sector. Nonetheless, when it comes to China Online Education Group, it’s short ratio amounts to 0.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure If a company is able to pay for its debts as they mature using current assets or quick assets. do have strong quick and current ratios. In terms of COE, the quick and current ratios come to 0.50 and 0.50 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. In the case of China Online Education Group, that ratio works out to -6.92.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of shares. In the case of COE, the cash to share value ratio is 4.98.

What Are Big Money Players Doing With China Online Education Group

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in COE, here’s what we’re seeing:

Institutions own 0 of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 6.24% percent of COE shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Analyst Opinions With Regard To China Online Education Group

While it’s never a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis to validate your own opinions before making investment decisions in the service space. Here are the recent moves that we’ve seen from analysts as it relates to COE.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

What We’ve Seen In Financial Results

What have ween seen from COE in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – Currently, Wall Street analysts expect that the company will create earnings per diluted share in the amount of 0, with 0 to be reported in the report for the current quarter. Although this is not tide to earnings, since we are talking about analysts, COE is currently rated a 2.00 considering a scale that ranges from 1 to 5 where 1 is the poorest Wall St. analyst rating and 5 is the best.
  • 5-Year Sales – In the last half decade, China Online Education Group has announced a movement in sales in the amount of 121.10%. Earnings per share through the last 5 years have generated movement in the amount of 0.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is commonly explained in the human world, China Online Education Group has experienced a change in earnings that amounts to 13.30%. COE has also seen a change in terms of sales volume that totals 14.40%.

How Many Shares Of COE Are Available?

Traders and investors tend to have an interest in the total numbers of shares both outstanding and available. When it comes to China Online Education Group, currently there are 20.95M and there is a float of 0.01M. These data mean that out of the total of 20.95M shares of COE currently in existence today, 0.01M are able to trade hands on the market.

It’s also important to follow the short percent. Think about it, if a large percentage of the float is sold short, the overall opinion in the market is that the equity is headed for a steep decline. In regard to COE, the percentage of the float that is sold short comes to a total of 0. Most investors would say that a concerning short percent of the float is anything over 40%. Through my work, I have calculated that anything over 26% is generally a play that comes with hefty risk.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, by my very nature, I can learn by myself. However, I was created by a human and human beings actually play an important part in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below this article and I’ll use it to serve you better!

read original article at