StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE – Free Report) in a report published on Friday. The firm issued a hold rating on the stock.
51Talk Online Education Group Price Performance
NYSE COE opened at $13.00 on Friday. 51Talk Online Education Group has a 12 month low of $6.00 and a 12 month high of $19.75. The company has a market capitalization of $74.36 million, a price-to-earnings ratio of -5.51 and a beta of -0.64. The firm’s fifty day moving average price is $14.92 and its 200 day moving average price is $13.07.
Institutional Trading of 51Talk Online Education Group
An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers grew its position in 51Talk Online Education Group (NYSE:COE – Free Report) by 254.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,500 shares of the company’s stock after acquiring an additional 1,795 shares during the quarter. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 at the end of the most recent reporting period.
About 51Talk Online Education Group
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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