StockNews.com Initiates Coverage on 51Talk Online Education Group (NYSE:COE)

StockNews.com began coverage on shares of 51Talk Online Education Group (NYSE:COEFree Report) in a research note issued to investors on Sunday morning. The brokerage issued a hold rating on the stock.

51Talk Online Education Group Stock Performance

COE stock opened at $6.62 on Friday. The company has a market capitalization of $37.87 million, a price-to-earnings ratio of -2.72 and a beta of -0.58. 51Talk Online Education Group has a fifty-two week low of $5.70 and a fifty-two week high of $9.24. The stock has a fifty day moving average of $6.92 and a 200-day moving average of $7.27.

51Talk Online Education Group (NYSE:COEGet Free Report) last posted its quarterly earnings results on Friday, March 22nd. The company reported ($0.81) earnings per share (EPS) for the quarter. The business had revenue of $7.66 million during the quarter. 51Talk Online Education Group had a negative net margin of 50.47% and a negative return on equity of 463.20%.

51Talk Online Education Group Company Profile

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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.

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