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

Stock analysts at StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report released on Saturday. The brokerage set a “hold” rating on the stock.

51Talk Online Education Group Stock Down 0.2 %

COE opened at $19.96 on Friday. The stock has a market cap of $114.17 million, a PE ratio of -11.15 and a beta of -0.84. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $21.97. The business’s fifty day simple moving average is $17.69 and its 200 day simple moving average is $15.80.

Institutional Investors 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 acquired a new stake in shares of 51Talk Online Education Group (NYSE:COE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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 as of its most recent filing with the SEC.

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.