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

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

51Talk Online Education Group Stock Performance

51Talk Online Education Group stock opened at $20.18 on Monday. The firm has a market cap of $115.43 million, a P/E ratio of -11.27 and a beta of -0.81. The business’s fifty day moving average is $19.48 and its two-hundred day moving average is $16.31. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $25.70.

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 bought a new position in shares of 51Talk Online Education Group (NYSE:COE) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 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.