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

StockNews.com started coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report issued on Friday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Stock Performance

Shares of NYSE COE opened at $14.50 on Friday. 51Talk Online Education Group has a 52-week low of $6.00 and a 52-week high of $19.75. The business has a fifty day moving average of $14.98 and a two-hundred day moving average of $12.94. The stock has a market cap of $82.94 million, a PE ratio of -6.14 and a beta of -0.64.

Institutional Trading of 51Talk Online Education Group

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers grew its holdings in 51Talk Online Education Group (NYSE:COE) by 254.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,500 shares of the company’s stock after buying an additional 1,795 shares during the quarter. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 at the end of the most recent reporting period.

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.