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

Shares of 51Talk Online Education Group (NYSE:COE) were up 0.9% during mid-day 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 Performance

The firm has a market capitalization of $96.64 million, a P/E ratio of -9.02 and a beta of 0.75. The firm’s 50-day moving average is $22.12 and its 200 day moving average is $24.50.

Institutional Trading of 51Talk Online Education Group

An institutional investor recently raised its stake in 51Talk Online Education Group stock. JPMorgan Chase & Co. increased its position in shares of 51Talk Online Education Group (NYSE:COE) by 74.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,802 shares of the company’s stock after buying an additional 16,150 shares during the quarter. JPMorgan Chase & Co. owned 0.65% of 51Talk Online Education Group worth $1,247,000 as of its most recent SEC filing.

About 51Talk Online Education Group

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.