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

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

51Talk Online Education Group Stock Performance

NYSE:COE opened at $16.75 on Friday. The stock has a 50-day simple moving average of $14.69 and a two-hundred day simple moving average of $13.52. 51Talk Online Education Group has a 52-week low of $6.00 and a 52-week high of $19.75. The firm has a market capitalization of $95.81 million, a PE ratio of -7.10 and a beta of -0.68.

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:COE) in the third quarter, according to its most recent 13F filing with the SEC. 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 about 2.40% of 51Talk Online Education Group 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.