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

StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

NYSE:COE opened at $20.00 on Thursday. 51Talk Online Education Group has a 12 month low of $6.00 and a 12 month high of $21.97. The firm’s 50 day moving average is $16.64 and its 200 day moving average is $15.26. The stock has a market capitalization of $114.44 million, a PE ratio of -11.17 and a beta of -0.84.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of 51Talk Online Education Group (NYSE:COE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 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.

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.