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 research report released on Sunday. The firm issued a hold rating on the stock.

51Talk Online Education Group Stock Down 2.2 %

COE stock opened at $16.41 on Friday. The firm has a market cap of $93.90 million, a price-to-earnings ratio of -9.37 and a beta of -0.68. The company’s fifty day simple moving average is $14.75 and its 200 day simple moving average is $13.69. 51Talk Online Education Group has a 12-month low of $6.00 and a 12-month 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 bought a new position in 51Talk Online Education Group (NYSE:COE) during the third quarter, according to its most recent filing with the SEC. The firm bought 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.