51Talk Online Education Group (NYSE:COE) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note published on Friday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Price Performance

Shares of NYSE COE opened at $19.88 on Friday. 51Talk Online Education Group has a 1 year low of $6.00 and a 1 year high of $21.97. The stock has a market capitalization of $113.71 million, a P/E ratio of -11.11 and a beta of -0.84. The company’s 50-day moving average is $17.28 and its 200 day moving average is $15.64.

Institutional Inflows and Outflows

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers boosted its holdings in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,500 shares of the company’s stock after acquiring an additional 1,795 shares during the period. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 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.