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

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

51Talk Online Education Group Stock Down 2.9 %

51Talk Online Education Group stock opened at $14.25 on Wednesday. 51Talk Online Education Group has a 12-month low of $6.00 and a 12-month high of $19.75. The company has a market capitalization of $81.54 million, a PE ratio of -6.04 and a beta of -0.64. The firm’s fifty day moving average is $15.21 and its 200 day moving average is $12.39.

51Talk Online Education Group (NYSE:COE) last announced its quarterly earnings results on Friday, August 23rd. The company reported ($0.22) earnings per share (EPS) for the quarter. The company had revenue of $10.96 million during the quarter.

Hedge Funds Weigh In On 51Talk Online Education Group

An institutional investor recently raised its position in 51Talk Online Education Group stock. Rhumbline Advisers raised its holdings in shares of 51Talk Online Education Group (NYSE:COE) by 254.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 SEC filing.

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.