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

StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COEFree Report) in a research report released on Sunday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Trading Down 1.3 %

COE opened at $6.97 on Friday. The stock has a market capitalization of $39.24 million, a PE ratio of -2.87 and a beta of -0.62. 51Talk Online Education Group has a 1-year low of $4.65 and a 1-year high of $9.24. The firm has a 50-day moving average price of $6.93 and a two-hundred day moving average price of $7.64.

51Talk Online Education Group (NYSE:COEGet Free Report) last posted its quarterly earnings data on Friday, March 22nd. The company reported ($0.81) earnings per share for the quarter. The company had revenue of $7.66 million during the quarter. 51Talk Online Education Group had a negative net margin of 50.47% and a negative return on equity of 463.20%.

Institutional Investors Weigh In On 51Talk Online Education Group

Several institutional investors have recently modified their holdings of COE. UBS Group AG grew its holdings in 51Talk Online Education Group by 179.1% during the fourth quarter. UBS Group AG now owns 7,836 shares of the company’s stock valued at $49,000 after purchasing an additional 5,028 shares during the period. Envestnet Asset Management Inc. grew its holdings in 51Talk Online Education Group by 193.2% during the first quarter. Envestnet Asset Management Inc. now owns 55,979 shares of the company’s stock valued at $98,000 after purchasing an additional 36,885 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in 51Talk Online Education Group by 2.5% during the second quarter. Renaissance Technologies LLC now owns 290,500 shares of the company’s stock valued at $401,000 after purchasing an additional 7,000 shares during the period.

51Talk Online Education Group Company Profile

(Get Free Report)

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.

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