17 Education & Technology Group Inc. experiences growth in trading despite slight decrease in volume

17 Education & Technology Group Inc. (NYSE: YQ) experienced a 4.4% increase in trading during mid-day on Friday, with shares reaching a high of $2.15 and last traded at $2.14. Despite the slight decrease in the average daily volume of 11,492 shares to 9,568 shares traded, the stock continues to show strong performance with its 50-day moving average price of $2.53 and its 200-day moving average price of $2.48. With a market cap of $82.89 million, a P/E ratio of -0.54, and a beta of -0.23, this education technology company based in the People’s Republic of China offers various services such as membership-based premium educational content subscriptions, light courses, Chinese reading, math oral arithmetic, reading machines, study plans and associated services to its clients. To stay updated on the latest news and ratings for 17 Education & Technology Group, subscribe to MarketBeat.com’s free daily email newsletter.