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

StockNews.com assumed coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report published on Wednesday. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Stock Down 1.9 %

NYSE:COE opened at $14.68 on Wednesday. 51Talk Online Education Group has a twelve month low of $6.00 and a twelve month high of $19.75. The stock’s 50-day simple moving average is $15.20 and its 200 day simple moving average is $12.47. The firm has a market capitalization of $83.97 million, a PE ratio of -6.22 and a beta of -0.64.

51Talk Online Education Group (NYSE:COE) last posted its earnings results on Friday, August 23rd. The company reported ($0.22) EPS for the quarter. The firm had revenue of $10.96 million for the quarter.

Institutional Trading of 51Talk Online Education Group

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of 51Talk Online Education Group (NYSE:COE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 137,352 shares of the company’s stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned approximately 2.40% of 51Talk Online Education Group as of its most recent SEC filing.

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.