Sunlands Technology Group (NYSE:STG) Trading 5.1% Higher

Sunlands Technology Group (NYSE:STG)’s stock price shot up 5.1% during trading on Thursday . The stock traded as high as $6.24 and last traded at $6.24. 15,393 shares were traded during mid-day trading, an increase of 13% from the average session volume of 13,672 shares. The stock had previously closed at $5.94.

Sunlands Technology Group Price Performance

The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average price is $7.74 and its two-hundred day moving average price is $8.25. The stock has a market cap of $84.38 million, a PE ratio of 1.07 and a beta of 0.92.

Sunlands Technology Group (NYSE:STG) last announced its earnings results on Friday, August 16th. The company reported $0.83 earnings per share (EPS) for the quarter. Sunlands Technology Group had a return on equity of 149.92% and a net margin of 23.17%. The business had revenue of $67.73 million for the quarter.

About Sunlands Technology Group

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.