Stock Takes a Hit: Sunlands Technology Group Experiences 7.2% Decrease in Shares

Sunlands Technology Group (NYSE:STG) experiences a 7.2% decrease in stock price

On Friday, Sunlands Technology Group (NYSE:STG) experienced a 7.2% decrease in shares during mid-day trading. The stock hit a low of $9.22 and last traded at $9.22 with 3,609 shares changing hands. This was an increase of 27% from the average session volume of 2,836 shares. The company had previously closed at $9.93.

Sunlands Technology Group is a provider of online education services in China, offering post-secondary courses and preparation courses for various exams. Students can access these services through online and mobile platforms. The company 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, Sunlands Technology Group has a PE ratio of 1.41 and a beta of 0.93

Leave a Reply