51Talk Online Education Group (NYSE:COE) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report published on Thursday morning. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Price Performance

Shares of 51Talk Online Education Group stock opened at $15.04 on Thursday. The company’s fifty day simple moving average is $15.12 and its 200-day simple moving average is $12.68. 51Talk Online Education Group has a 1-year low of $6.00 and a 1-year high of $19.75. The stock has a market capitalization of $86.06 million, a PE ratio of -6.37 and a beta of -0.64.

51Talk Online Education Group (NYSE:COE) last posted its quarterly earnings results on Friday, August 23rd. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $10.96 million during the quarter.

Hedge Funds Weigh In On 51Talk Online Education Group

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC bought a new stake in shares of 51Talk Online Education Group (NYSE:COE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 137,352 shares of the company’s stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned approximately 2.40% of 51Talk Online Education Group at the end of the most recent quarter.

51Talk Online Education Group Company Profile

51Talk Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China, the Philippines, and internationally. The company operates online and mobile education platforms that enable students to take live interactive English and Chinese lessons.