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

Investment analysts at StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report issued on Monday. The brokerage set a “hold” rating on the stock.

51Talk Online Education Group Price Performance

Shares of COE stock opened at $21.03 on Monday. 51Talk Online Education Group has a one year low of $6.00 and a one year high of $25.70. The company’s fifty day moving average price is $19.34 and its 200-day moving average price is $16.28. The company has a market capitalization of $120.29 million, a price-to-earnings ratio of -11.75 and a beta of -0.81.

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 purchased a new position in 51Talk Online Education Group (NYSE:COE) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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.