Garden State Investment Advisory Services LLC Makes New Investment in 51Talk Online Education Group (NYSE:COE)

Garden State Investment Advisory Services LLC bought a new stake in shares of 51Talk Online Education Group (NYSE:COE) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 137,352 shares of the company’s stock, valued at approximately $2,269,000.

Separately, Rhumbline Advisers lifted its holdings in shares of 51Talk Online Education Group by 254.6% during the second quarter. Rhumbline Advisers now owns 2,500 shares of the company’s stock valued at $33,000 after purchasing an additional 1,795 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on 51Talk Online Education Group in a research note on Saturday, December 7th. They issued a “hold” rating on the stock.

51Talk Online Education Group Price Performance

Shares of NYSE:COE traded down $0.31 on Friday, hitting $17.19. 8,891 shares of the company traded hands, compared to its average volume of 9,192. The stock has a 50 day simple moving average of $14.65 and a 200-day simple moving average of $13.45. 51Talk Online Education Group has a 52 week low of $6.00 and a 52 week high of $19.75.

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.