Sunlands Technology Group (NYSE:STG – Get Rating)’s stock price was up 2.6% during trading on Friday . The company traded as high as $8.56 and last traded at $8.33. Approximately 10,371 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 19,104 shares. The stock had previously closed at $8.12.
Sunlands Technology Group Stock Performance
The company has a 50-day moving average price of $10.58 and a 200-day moving average price of $7.60. The firm has a market capitalization of $111.11 million, a price-to-earnings ratio of 1.19 and a beta of 1.04.
Institutional Investors Weigh In On Sunlands Technology Group
A hedge fund recently bought a new stake in Sunlands Technology Group stock. Renaissance Technologies LLC bought a new position in shares of Sunlands Technology Group (NYSE:STG – Get Rating) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 18,425 shares of the company’s stock, valued at approximately $134,000. Renaissance Technologies LLC owned 0.14% of Sunlands Technology Group at the end of the most recent quarter. 1.20% of the stock is currently owned by institutional investors and hedge funds.
About Sunlands Technology Group
Sunlands Technology Group operates as a holding which provides on line post-secondary and professional education. The firm offers various degree-and diploma-oriented post-secondary courses through online platforms. It also provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills.
Further Reading
- Get a free copy of the StockNews.com research report on Sunlands Technology Group (STG)
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