|Bid||0.00 x 1100|
|Ask||0.00 x 1100|
|Day's range||19.78 - 20.99|
|52-week range||5.48 - 37.19|
|Beta (5Y monthly)||-0.95|
|PE ratio (TTM)||N/A|
|Earnings date||07 Dec 2020 - 11 Dec 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||36.91|
Image source: The Motley Fool. China Online Education Group (NYSE: COE)Q1 2020 Earnings CallMay 26, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, ladies and gentlemen.
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From Britain to New Zealand, schools around the world are closing due to the coronavirus outbreak. Many teachers are turning their hands to online tutoring, like here in the Philippines, where tens of thousands of teachers are logging on - and cashing in on the overtime. They are buckling down in their homes to teach conversational, travel, and business-levels of English. And their students range from grade schoolers to working professionals in countries like Japan and China. Raven Kate De Leon's lessons are hugely in demand. She's spending up to 10 hours a day at her computer. (SOUNDBITE) (English) ONLINE ENGLISH TEACHER, RAVEN DE LEON, SAYING: "As a teacher I'm also as I have said I'm very happy. It's a great opportunity for me to earn a lot, but then I'm also thinking of the welfare of my students here. As much as possible I'm optimistic that everything will be alright soon, that these negative situation will soon end." China shut down its schools in February to contain infections. With lockdowns giving many the free time to improve their English, companies like 51Talk of China Online Education Group and RareJob Philippines have seen demand soar since then - bucking the devastating effect on the world's economies from coronavirus. 51Talk charges around $6 for a 25-minute session, with teachers earning around $2.50 per hour. More than two dozen countries have followed China's lead, sending more than 290 million children out of school, according to UNESCO data.