On Friday, Sunlands Technology Group (NYSE: STG) experienced a decline in its share price by 7.2% during mid-day trading. The stock reached a low of $9.22 and last traded at $9.22. A total of 3,609 shares were exchanged during the session, which is 27% higher than the average daily trading volume of 2,836 shares. Prior to the decline, the stock had closed at $9.93.
Sunlands Technology Group has a debt-to-equity ratio of 0.38, a quick ratio of 0.93, and a current ratio of 1.02. With a market capitalization of $127.84 million, a PE ratio of 1.41, and a beta of 0.93, the company is considered an influential player in the market. Its fifty-day moving average is $9.61 and its two hundred day moving average is $7.92.
Institutional investors such as Renaissance Technologies LLC have also shown interest in Sunlands Technology Group recently by purchasing a new stake worth approximately $38,000 for 10,325 shares or about 0
