Sunlands Technology Group (NYSE:STG) Trading Down 1.7% – What’s Next?

Sunlands Technology Group (NYSE:STG)’s share price traded down 1.7% during mid-day trading on Monday . The company traded as low as $6.92 and last traded at $6.71. 601 shares were traded during mid-day trading, a decline of 94% from the average session volume of 10,900 shares. The stock had previously closed at $6.82.

Sunlands Technology Group Price Performance

The stock has a market cap of $91.99 million, a PE ratio of 1.49 and a beta of 1.01. The business’s 50-day simple moving average is $6.16 and its 200-day simple moving average is $6.92. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14.

Sunlands Technology Group (NYSE:STG) last announced its quarterly earnings results on Friday, November 22nd. The company reported $0.93 earnings per share (EPS) for the quarter. Sunlands Technology Group had a return on equity of 103.50% and a net margin of 21.47%.

Sunlands Technology Group Company Profile

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.