StockNews.com Initiates Coverage on 51Talk Online Education Group (NYSE:COE)

StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report sent to investors on Sunday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

Shares of NYSE COE opened at $16.75 on Friday. The firm has a fifty day moving average of $14.69 and a 200 day moving average of $13.57. The firm has a market cap of $95.81 million, a PE ratio of -7.10 and a beta of -0.68. 51Talk Online Education Group has a one year low of $6.00 and a one year high of $19.75.

Institutional Inflows and Outflows

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 filing with the SEC. The fund 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 at the end of the most recent quarter.

51Talk Online Education Group Company Profile

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.