Garden State Investment Advisory Services LLC Purchases New Shares in 51Talk Online Education Group (NYSE:COE)

Garden State Investment Advisory Services LLC acquired a new position in 51Talk Online Education Group (NYSE:COE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 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 as of its most recent SEC filing.

Separately, Rhumbline Advisers grew its position in 51Talk Online Education Group by 254.6% in the second quarter. Rhumbline Advisers now owns 2,500 shares of the company’s stock valued at $33,000 after acquiring an additional 1,795 shares during the last quarter.

51Talk Online Education Group Trading Down 1.8 %

Shares of NYSE COE traded down $0.31 during mid-day trading on Friday, reaching $17.19. 8,891 shares of the company’s stock were exchanged, compared to its average volume of 9,192. The firm has a 50-day moving average price of $14.65 and a two-hundred day moving average price of $13.45. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $19.75.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of 51Talk Online Education Group in a research report on Saturday, December 7th. They issued a “hold” rating for the company.

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.