51Talk Online Education Group (NYSE:COE) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report released on Saturday morning. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Trading Down 0.1 %

COE opened at $19.99 on Friday. 51Talk Online Education Group has a twelve month low of $6.00 and a twelve month high of $21.97. The firm has a market cap of $114.34 million, a price-to-earnings ratio of -11.17 and a beta of -0.81. The company has a fifty day simple moving average of $17.80 and a 200 day simple moving average of $15.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC purchased a new position in 51Talk Online Education Group (NYSE:COE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission.

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.