51Talk Online Education Group (NYSE:COE) Earns Hold Rating from Analysts at StockNews.com

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

51Talk Online Education Group Stock Down 0.4 %

NYSE COE opened at $20.00 on Thursday. The business’s fifty day simple moving average is $16.53 and its 200-day simple moving average is $15.22. The firm has a market cap of $114.40 million, a PE ratio of -11.17 and a beta of -0.68. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $21.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of 51Talk Online Education Group (NYSE:COE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 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 at the end of the most recent reporting period.

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.