Sunlands Technology Group (NYSE:STG) Trading Down 7.8% – What’s Next?

Sunlands Technology Group (NYSE:STG)’s stock price fell 7.8% during mid-day trading on Wednesday . The stock traded as low as $5.76 and last traded at $5.76. 837 shares were traded during trading, a decline of 94% from the average session volume of 14,661 shares. The stock had previously closed at $6.25.

Sunlands Technology Group Stock Performance

The firm has a fifty day simple moving average of $5.19 and a 200-day simple moving average of $5.83. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.14. The stock has a market cap of $77.86 million, a price-to-earnings ratio of 1.28 and a beta of 0.56.

Sunlands Technology Group (NYSE:STG) last posted its quarterly earnings data on Thursday, May 22nd. The company reported $0.77 earnings per share (EPS) for the quarter. The firm had revenue of $67.20 million for the quarter. Sunlands Technology Group had a return on equity of 103.50% and a net margin of 21.47%.

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.