Sunlands Technology Group (NYSE:STG) Trading Down 2.5% – Here’s What Happened

Sunlands Technology Group (NYSE:STGGet Free Report)’s share price fell 2.5% on Friday . The company traded as low as $6.13 and last traded at $6.13. 17,356 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 13,659 shares. The stock had previously closed at $6.29.

Sunlands Technology Group Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $84.12 million, a price-to-earnings ratio of 1.37 and a beta of 0.96. The business’s fifty day moving average price is $6.60 and its 200-day moving average price is $7.26.

Sunlands Technology Group Company Profile

(Get Free Report)

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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