SunCar Technology Group (NASDAQ:SDA) Shares Gap Down to $9.82

SunCar Technology Group Inc. (NASDAQ:SDA)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $9.82, but opened at $9.45. SunCar Technology Group shares last traded at $9.39, with a volume of 18,810 shares changing hands.

SunCar Technology Group Trading Down 3.9 %

The stock has a 50-day moving average of $9.58 and a 200 day moving average of $8.33.

Institutional Investors Weigh In On SunCar Technology Group

An institutional investor recently raised its position in SunCar Technology Group stock. XTX Topco Ltd boosted its holdings in shares of SunCar Technology Group Inc. (NASDAQ:SDA) by 24.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 18,186 shares of the company’s stock after acquiring 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. Hedge funds and other institutional investors own 0.26% of the company’s stock.

About SunCar Technology Group

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.