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

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

51Talk Online Education Group Stock Up 0.7 %

Shares of COE stock opened at $13.39 on Wednesday. The stock has a 50-day moving average price of $12.52 and a 200 day moving average price of $8.84. The firm has a market cap of $76.62 million, a price-to-earnings ratio of -5.05 and a beta of -0.57. 51Talk Online Education Group has a 12 month low of $6.00 and a 12 month high of $19.75.

51Talk Online Education Group (NYSE:COE) last posted its earnings results on Wednesday, June 12th. The company reported ($0.65) earnings per share (EPS) for the quarter. The firm had revenue of $9.45 million during the quarter.

Hedge Funds Weigh In On 51Talk Online Education Group

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers increased its holdings in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,500 shares of the company’s stock after purchasing 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 quarter.

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.