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

51Talk Online Education Group logo with Consumer Discretionary background

StockNews.com started coverage on shares of 51Talk Online Education Group (NYSE:COE - Free Report) in a research report sent to investors on Sunday morning. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Trading Down 4.3 %

COE traded down $0.75 during trading on Friday, hitting $16.75. The company's stock had a trading volume of 24,827 shares, compared to its average volume of 9,264. The firm has a market capitalization of $95.81 million, a price-to-earnings ratio of -7.10 and a beta of -0.68. 51Talk Online Education Group has a twelve month low of $6.00 and a twelve month high of $19.75. The business's fifty day simple moving average is $14.69 and its 200 day simple moving average is $13.57.

Institutional Investors 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 purchased a new position in shares of 51Talk Online Education Group (NYSE:COE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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 at the end of the most recent reporting period.

About 51Talk Online Education Group

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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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