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

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

51Talk Online Education Group Stock Down 2.1 %

NYSE:COE opened at $20.06 on Tuesday. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $20.50. The stock’s fifty day moving average is $15.75 and its two-hundred day moving average is $14.58. The stock has a market capitalization of $114.78 million, a price-to-earnings ratio of -8.50 and a beta of -0.68.

Institutional Trading of 51Talk Online Education Group

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers lifted its holdings in 51Talk Online Education Group (NYSE:COE) by 254.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,500 shares of the company’s stock after purchasing an additional 1,795 shares during the period. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 at the end of the most recent reporting period.

51Talk Online Education Group Company Profile

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.