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

Equities research analysts at StockNews.com assumed coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

COE stock opened at $19.96 on Friday. 51Talk Online Education Group has a 1 year low of $6.00 and a 1 year high of $21.97. The stock has a market cap of $114.17 million, a price-to-earnings ratio of -11.15 and a beta of -0.84. The company has a 50 day simple moving average of $17.69 and a 200 day simple moving average of $15.80.

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 shares of 51Talk Online Education Group (NYSE:COE) during the 3rd quarter, according to the company in its most recent Form 13F 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 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.