|Bid||2.8500 x 900|
|Ask||3.0000 x 800|
|Day's Range||2.8000 - 3.0300|
|52 Week Range||1.9200 - 30.8500|
|Beta (5Y Monthly)||-0.85|
|PE Ratio (TTM)||4.08|
|Earnings Date||Nov. 22, 2021 - Nov. 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.08|
(Bloomberg) -- China’s largest private education firms are moving swiftly to overhaul their businesses to adjust to a harsh new reality after Beijing launched a sweeping crackdown on the $100 billion sector.Two of the sector’s biggest names have in past days reached out to reassure investors and managers their businesses remain viable and won’t abruptly collapse, according to people familiar with the matter. Yuanfudao, the $15.5 billion startup backed by Tencent Holdings Ltd. and DST Global, pla
Bad news was good news for Chinese education stocks Tuesday morning as shares of China Online Education Group (NYSE: COE) climbed 9.1% through 10:40 a.m. EDT, TAL Education Group (NYSE: TAL) gained 10.3%, and New Oriental Education (NYSE: EDU) rose 14.8%. As TheFly.com reported today, investment bank Goldman Sachs cut its price target on TAL Education and downgraded New Oriental Education stock, but the stock prices rose anyway.
A look at the shareholders of China Online Education Group ( NYSE:COE ) can tell us which group is most powerful...