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51Talk Online Education Group (NYSE:COE) Share Price Passes Below 50 Day Moving Average - Here's Why

51Talk Online Education Group logo with Consumer Discretionary background

51Talk Online Education Group (NYSE:COE - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.34 and traded as low as $20.01. 51Talk Online Education Group shares last traded at $21.01, with a volume of 12,032 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of 51Talk Online Education Group in a research note on Monday, February 17th. They set a "hold" rating on the stock.

Check Out Our Latest Analysis on 51Talk Online Education Group

51Talk Online Education Group Price Performance

The stock has a market cap of $117.53 million, a P/E ratio of -11.47 and a beta of -0.26. The stock's fifty day simple moving average is $20.36 and its 200-day simple moving average is $17.65.

51Talk Online Education Group (NYSE:COE - Get Free Report) last announced its quarterly earnings results on Friday, March 21st. The company reported ($0.99) earnings per share (EPS) for the quarter. During the same period last year, the company earned ($0.24) earnings per share.

Hedge Funds 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) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 137,352 shares of the company's stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned 2.40% of 51Talk Online Education Group as of its most recent SEC filing.

About 51Talk Online Education Group

(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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