51Talk Online Education Group (NYSE:COE) Stock Passes Below 50 Day Moving Average – Time to Sell?

Shares of 51Talk Online Education Group (NYSE:COEGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.34 and traded as low as $20.01. 51Talk Online Education Group shares last traded at $21.01, with a volume of 12,032 shares.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on 51Talk Online Education Group in a research report on Monday, February 17th. They set a “hold” rating for the company.

Read Our Latest Research Report on 51Talk Online Education Group

51Talk Online Education Group Stock Up 1.4 %

The firm has a market cap of $120.22 million, a PE ratio of -11.74 and a beta of -0.33. The business has a 50 day simple moving average of $20.34 and a two-hundred day simple moving average of $17.56.

51Talk Online Education Group (NYSE:COEGet Free Report) last announced its quarterly earnings data on Friday, March 21st. The company reported ($0.99) earnings per share for the quarter. During the same quarter in the prior year, the company posted ($0.24) EPS.

Institutional Investors Weigh In On 51Talk Online Education Group

An institutional investor recently bought a new position in 51Talk Online Education Group stock. Garden State Investment Advisory Services LLC bought a new position in shares of 51Talk Online Education Group (NYSE:COEFree Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 137,352 shares of the company’s stock, valued at approximately $2,269,000. Garden State Investment Advisory Services LLC owned approximately 2.40% of 51Talk Online Education Group at the end of the most recent reporting period.

51Talk Online Education Group Company Profile

(Get Free Report)

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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