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

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

51Talk Online Education Group Stock Up 0.5 %

51Talk Online Education Group stock opened at $20.10 on Thursday. The firm has a fifty day moving average of $16.75 and a 200-day moving average of $15.34. 51Talk Online Education Group has a 52-week low of $6.00 and a 52-week high of $21.97. The firm has a market capitalization of $114.97 million, a P/E ratio of -11.23 and a beta of -0.84.

Hedge Funds Weigh In On 51Talk Online Education Group

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers boosted its position in 51Talk Online Education Group (NYSE:COE) by 254.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 quarter.

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.