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51Talk Online Education Group (NYSE:COE) Stock Passes Below 50 Day Moving Average - Time to Sell?

51Talk Online Education Group logo with Consumer Discretionary background

51Talk Online Education Group (NYSE:COE - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $20.15 and traded as low as $16.90. 51Talk Online Education Group shares last traded at $17.07, with a volume of 13,919 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded 51Talk Online Education Group from a "hold" rating to a "buy" rating in a research note on Thursday, April 10th.

View Our Latest Stock Report on 51Talk Online Education Group

51Talk Online Education Group Stock Up 0.7 %

The firm's 50 day simple moving average is $19.84 and its 200-day simple moving average is $17.76. The company has a market capitalization of $88.69 million, a PE ratio of -8.66 and a beta of -0.26.

51Talk Online Education Group (NYSE:COE - Get Free Report) last issued its quarterly earnings data on Friday, March 21st. The company reported ($0.99) earnings per share for the quarter. During the same quarter in the previous year, the business posted ($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 purchased a new position in 51Talk Online Education Group (NYSE:COE - Free Report) during the third quarter, according to 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 as of its most recent filing with the Securities and Exchange Commission.

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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