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

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

51Talk Online Education Group Stock Performance

NYSE:COE opened at $19.88 on Friday. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $21.97. The firm’s fifty day moving average is $17.28 and its 200-day moving average is $15.60. The firm has a market cap of $113.71 million, a P/E ratio of -11.11 and a beta of -0.84.

Institutional Inflows and Outflows

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers grew its stake 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 purchasing an additional 1,795 shares during the period. Rhumbline Advisers’ holdings in 51Talk Online Education Group were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

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.