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

Analysts at StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note issued on Thursday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Stock Down 7.9 %

Shares of NYSE COE opened at $14.30 on Thursday. The business has a fifty day simple moving average of $15.18 and a two-hundred day simple moving average of $12.66. The firm has a market cap of $81.80 million, a PE ratio of -6.06 and a beta of -0.64. 51Talk Online Education Group has a twelve month low of $6.00 and a twelve month high of $19.75.

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

Institutional Inflows and Outflows

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

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.