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

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

51Talk Online Education Group Price Performance

NYSE:COE opened at $20.00 on Wednesday. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $20.95. The stock’s fifty day moving average is $16.10 and its two-hundred day moving average is $14.92. The company has a market capitalization of $114.44 million, a P/E ratio of -8.47 and a beta of -0.84.

Institutional Investors Weigh In On 51Talk Online Education Group

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers boosted its stake in 51Talk Online Education Group (NYSE:COE) by 254.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund 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 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.