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

51Talk Online Education Group logo with Consumer Discretionary background

StockNews.com initiated coverage on shares of 51Talk Online Education Group (NYSE:COE - Free Report) in a research report report published on Tuesday. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

COE stock traded up $1.50 during trading on Tuesday, hitting $20.50. 115,241 shares of the company's stock traded hands, compared to its average volume of 9,994. The business has a fifty day simple moving average of $15.42 and a 200 day simple moving average of $14.41. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $20.50. The stock has a market capitalization of $117.30 million, a price-to-earnings ratio of -8.69 and a beta of -0.68.

Hedge Funds Weigh In On 51Talk Online Education Group

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers boosted its position in shares of 51Talk Online Education Group (NYSE:COE - Free Report) by 254.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,500 shares of the company's stock after purchasing an additional 1,795 shares during the quarter. Rhumbline Advisers' holdings in 51Talk Online Education Group were worth $33,000 as of its most recent filing with the Securities & Exchange Commission.

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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