SunCar Technology Group (NASDAQ:SDA) Shares Gap Up to $11.02

SunCar Technology Group Inc. (NASDAQ:SDA)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $11.02, but opened at $11.50. SunCar Technology Group shares last traded at $10.95, with a volume of 41,250 shares changing hands.

SunCar Technology Group Trading Up 0.1 %

The company has a fifty day moving average of $9.78 and a 200-day moving average of $8.54.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SunCar Technology Group stock. XTX Topco Ltd raised its position in SunCar Technology Group Inc. (NASDAQ:SDA) by 24.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,186 shares of the company’s stock after buying an additional 3,596 shares during the period. XTX Topco Ltd’s holdings in SunCar Technology Group were worth $166,000 as of its most recent filing with the SEC. 0.26% of the stock is currently owned by hedge funds and other institutional investors.

SunCar Technology Group Company Profile

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.