51Talk Online Education Group (NYSE:COE) Now Covered by StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a note issued to investors on Monday. The firm set a “hold” rating on the stock.

51Talk Online Education Group Stock Performance

Shares of 51Talk Online Education Group stock opened at $17.68 on Monday. The firm has a market cap of $101.16 million, a P/E ratio of -7.49 and a beta of -0.68. 51Talk Online Education Group has a twelve month low of $6.00 and a twelve month high of $19.75. The firm’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $13.97.

Hedge Funds Weigh In On 51Talk Online Education Group

A hedge fund recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers boosted its position in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,500 shares of the company’s stock after purchasing an additional 1,795 shares during the quarter. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

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.