Sunlands Technology Group (NYSE:STG – Get Free Report) shares traded down 7.2% during mid-day trading on Friday . The stock traded as low as $9.22 and last traded at $9.22. 3,609 shares changed hands during trading, an increase of 27% from the average session volume of 2,836 shares. The stock had previously closed at $9.93.
Sunlands Technology Group Trading Down 7.0 %
The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.93 and a current ratio of 1.02. The company has a market capitalization of $127.84 million, a PE ratio of 1.41 and a beta of 0.93. The stock has a fifty day moving average of $9.61 and a 200 day moving average of $7.92.
Hedge Funds Weigh In On Sunlands Technology Group
An institutional investor recently bought a new position in Sunlands Technology Group stock. Renaissance Technologies LLC purchased a new stake in shares of Sunlands Technology Group (NYSE:STG – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,325 shares of the company’s stock, valued at approximately $38,000. Renaissance Technologies LLC owned approximately 0.07% of Sunlands Technology Group at the end of the most recent reporting period. Institutional investors own 26.42% of the company’s stock.
About Sunlands Technology Group
Sunlands Technology Group, through its subsidiaries, provides online education services through online and mobile platforms in the People’s Republic of China. It offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor’s degrees, as well as for the entrance examinations of Master of Business Administration programs.
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