51Talk Online Education Group (NYSE:COE) Now Covered by StockNews.com

Analysts at StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

Shares of NYSE COE opened at $20.00 on Wednesday. The business has a fifty day moving average price of $16.18 and a two-hundred day moving average price of $14.95. The stock has a market capitalization of $114.44 million, a PE ratio of -8.47 and a beta of -0.84. 51Talk Online Education Group has a fifty-two week low of $6.00 and a fifty-two week high of $20.95.

Hedge Funds 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 stake in 51Talk Online Education Group (NYSE:COE) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.