Garden State Investment Advisory Services LLC Invests $2.27 Million in 51Talk Online Education Group (NYSE:COE)

Garden State Investment Advisory Services LLC purchased a new stake in 51Talk Online Education Group (NYSE:COE) in the third quarter, Holdings Channel reports. The firm purchased 137,352 shares of the company’s stock, valued at approximately $2,269,000.

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

51Talk Online Education Group Stock Down 10.3 %

NYSE:COE opened at $13.00 on Monday. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $19.75. The stock’s fifty day moving average is $14.92 and its two-hundred day moving average is $13.07. The company has a market capitalization of $74.36 million, a P/E ratio of -5.51 and a beta of -0.64.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of 51Talk Online Education Group in a research report on Friday. They set a “hold” rating on the stock.

51Talk Online Education Group 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.