Equities research analysts at StockNews.com started coverage on shares of 51Talk Online Education Group (NYSE:COE - Get Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a "hold" rating on the stock.
51Talk Online Education Group Stock Performance
NYSE:COE opened at $14.30 on Thursday. The stock has a 50-day simple moving average of $15.15 and a 200 day simple moving average of $12.67. 51Talk Online Education Group has a one year low of $6.00 and a one year high of $19.75. The company has a market capitalization of $81.80 million, a price-to-earnings ratio of -6.06 and a beta of -0.64.
51Talk Online Education Group (NYSE:COE - Get Free Report) last announced its quarterly earnings data on Friday, August 23rd. The company reported ($0.22) earnings per share (EPS) for the quarter. The company had revenue of $10.96 million during the quarter.
Hedge Funds Weigh In On 51Talk Online Education Group
A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers increased its stake in shares of 51Talk Online Education Group (NYSE:COE - Free Report) by 254.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,500 shares of the company's stock after buying an additional 1,795 shares during the quarter. Rhumbline Advisers' holdings in 51Talk Online Education Group were worth $33,000 at the end of the most recent quarter.
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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