51Talk Online Education Group (NYSE:COE) Shares Up 0.9% – Still a Buy?

51Talk Online Education Group (NYSE:COE)’s share price was up 0.9% during trading on Tuesday . The stock traded as high as $17.54 and last traded at $16.15. Approximately 19,710 shares traded hands during trading, an increase of 128% from the average session volume of 8,645 shares. The stock had previously closed at $16.00.

51Talk Online Education Group Stock Up 0.9%

The stock has a market capitalization of $96.64 million, a P/E ratio of -9.02 and a beta of 0.75. The company has a fifty day simple moving average of $22.12 and a two-hundred day simple moving average of $24.50.

Hedge Funds Weigh In On 51Talk Online Education Group

A hedge fund recently raised its position in 51Talk Online Education Group stock. JPMorgan Chase & Co. boosted its stake in shares of 51Talk Online Education Group (NYSE:COE) by 74.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 37,802 shares of the company’s stock after buying an additional 16,150 shares during the period. JPMorgan Chase & Co. owned approximately 0.65% of 51Talk Online Education Group worth $1,247,000 as of its most recent filing with the SEC.

51Talk Online Education Group Company Profile

51Talk Online Education Group (NYSE: COE) operates as an online English language learning platform, offering live one-on-one and small group instruction to students. The company leverages a proprietary digital classroom that connects learners predominantly in Mainland China with international instructors, primarily based in the Philippines. Its core offerings focus on English proficiency training for children and adults, covering general conversational skills, exam preparation, and business English.

The company’s service portfolio includes tailored course packages for different age groups, such as preschool learners, primary and secondary school students, and adult professionals.