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

Research analysts at StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

Shares of 51Talk Online Education Group stock opened at $20.00 on Wednesday. The business has a fifty day simple moving average of $16.18 and a two-hundred day simple moving average of $14.95. 51Talk Online Education Group has a 1 year low of $6.00 and a 1 year high of $20.95. The company has a market capitalization of $114.44 million, a price-to-earnings ratio of -8.47 and a beta of -0.84.

Institutional Trading of 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 position in shares of 51Talk Online Education Group (NYSE:COE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 about 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.