51Talk Online Education Group (NYSE:COE) Earns Hold Rating from Analysts at StockNews.com

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

51Talk Online Education Group Trading Down 5.1 %

Shares of COE opened at $14.20 on Wednesday. The firm has a fifty day moving average price of $15.21 and a 200-day moving average price of $12.42. The firm has a market capitalization of $81.22 million, a P/E ratio of -6.02 and a beta of -0.64. 51Talk Online Education Group has a 12-month low of $6.00 and a 12-month high of $19.75.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in 51Talk Online Education Group stock. Rhumbline Advisers increased its holdings in 51Talk Online Education Group (NYSE:COE) by 254.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,500 shares of the company’s stock after acquiring an additional 1,795 shares during the quarter. 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.