StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE - Free Report) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the stock.
51Talk Online Education Group Trading Up 6.1 %
COE traded up $1.23 during midday trading on Friday, hitting $21.22. 22,068 shares of the company were exchanged, compared to its average volume of 17,221. The firm has a market capitalization of $121.36 million, a price-to-earnings ratio of -11.85 and a beta of -0.81. The company's 50 day simple moving average is $17.90 and its 200 day simple moving average is $15.92. 51Talk Online Education Group has a 1-year low of $6.00 and a 1-year high of $21.97.
Institutional Investors Weigh In On 51Talk Online Education Group
A hedge fund recently bought a new stake 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 - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.
51Talk Online Education Group Company Profile
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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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