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

Equities researchers at StockNews.com started coverage on shares of 51Talk Online Education Group (NYSE:COE) in a report released on Friday. The brokerage set a “hold” rating on the stock.

51Talk Online Education Group Stock Performance

NYSE:COE opened at $19.88 on Friday. The stock has a 50-day simple moving average of $17.28 and a two-hundred day simple moving average of $15.62. 51Talk Online Education Group has a 52-week low of $6.00 and a 52-week high of $21.97. The firm has a market capitalization of $113.75 million, a PE ratio of -11.11 and a beta of -0.84.

Hedge Funds Weigh In On 51Talk Online Education Group

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC bought a new stake in shares of 51Talk Online Education Group (NYSE:COE) during the third quarter, according to the company in its most recent 13F filing with the Securities and 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 approximately 2.40% of 51Talk Online Education Group 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.