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China Online Education Group (COE) Jumps: Stock Up 8.9%

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China Online Education Group was a big mover last session, as its shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 66% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Online Education currently carries a Zacks Rank #4 (Sell).

A better-ranked stock in the Consumer Services - Miscellaneous space is Care.com,Inc. (CRCM - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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