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

StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COE) in a research report sent to investors on Friday morning. The firm issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

Shares of COE opened at $13.00 on Friday. 51Talk Online Education Group has a 52-week low of $6.00 and a 52-week high of $19.75. The firm has a market cap of $74.36 million, a price-to-earnings ratio of -5.51 and a beta of -0.64. The business’s fifty day moving average is $14.92 and its 200-day moving average is $12.99.

Institutional Investors Weigh In On 51Talk Online Education Group

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

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.