51Talk Online Education Group (NYSE:COE) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

51Talk Online Education Group (NYSE:COE)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $18.63 and traded as low as $16.38. 51Talk Online Education Group shares last traded at $16.70, with a volume of 4,340 shares traded.

Analyst Upgrades and Downgrades

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

51Talk Online Education Group Trading Up 0.7 %

The business’s fifty day simple moving average is $18.63 and its 200-day simple moving average is $17.82. The firm has a market cap of $95.54 million, a P/E ratio of -9.33 and a beta of -0.26.

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

Institutional Trading of 51Talk Online Education Group

An institutional investor recently bought a new position 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) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 137,352 shares of the company’s stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned approximately 2.40% of 51Talk Online Education Group 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.