StockNews.com Begins Coverage on 51Talk Online Education Group (NYSE:COE)

Equities research analysts at StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COEGet Free Report) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

NYSE COE opened at $20.50 on Tuesday. The company has a market cap of $117.30 million, a P/E ratio of -8.69 and a beta of -0.68. The stock has a 50-day moving average of $15.68 and a two-hundred day moving average of $14.54. 51Talk Online Education Group has a 1-year low of $6.00 and a 1-year high of $20.50.

Institutional Investors Weigh In On 51Talk Online Education Group

A hedge fund recently bought a new stake in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC acquired a new position in shares of 51Talk Online Education Group (NYSE:COEFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 137,352 shares of the company’s stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned 2.40% of 51Talk Online Education Group at the end of the most recent quarter.

51Talk Online Education Group Company Profile

(Get Free Report)

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.

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