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

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

51Talk Online Education Group Price Performance

COE stock opened at $17.00 on Monday. 51Talk Online Education Group has a 1 year low of $6.00 and a 1 year high of $19.75. The firm has a market capitalization of $97.27 million, a P/E ratio of -7.20 and a beta of -0.68. The business’s 50-day moving average is $15.10 and its two-hundred day moving average is $14.05.

Institutional Trading of 51Talk Online Education Group

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers grew its stake in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,500 shares of the company’s stock after purchasing an additional 1,795 shares during the quarter. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

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.