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

Equities research analysts at StockNews.com assumed coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note issued on Sunday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

COE opened at $22.63 on Friday. The stock has a market capitalization of $129.46 million, a PE ratio of -12.64 and a beta of -0.81. 51Talk Online Education Group has a 12-month low of $6.00 and a 12-month high of $25.70. The firm’s fifty day moving average price is $18.57 and its 200 day moving average price is $16.10.

Hedge Funds Weigh In On 51Talk Online Education Group

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) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 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.