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

StockNews.com assumed coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note published on Wednesday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Price Performance

Shares of COE opened at $20.00 on Wednesday. 51Talk Online Education Group has a 1-year low of $6.00 and a 1-year high of $20.95. The stock has a market cap of $114.44 million, a PE ratio of -8.47 and a beta of -0.84. The firm has a fifty day moving average price of $16.10 and a 200 day moving average price of $14.92.

Institutional Investors Weigh In On 51Talk Online Education Group

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC purchased a new position in shares of 51Talk Online Education Group (NYSE:COE) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

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.