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

StockNews.com started coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research note released on Monday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

COE stock opened at $17.00 on Monday. The stock’s 50 day moving average price is $15.16 and its 200 day moving average price is $14.12. The firm has a market cap of $97.27 million, a P/E ratio of -7.20 and a beta of -0.68. 51Talk Online Education Group has a 1 year low of $6.00 and a 1 year high of $19.75.

Institutional Trading of 51Talk Online Education Group

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers increased its holdings in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,500 shares of the company’s stock after buying 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 and Exchange Commission.

About 51Talk Online Education Group

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.