17 Education & Technology Group (NYSE:YQ) Trading 1.5% Higher – Here’s What Happened

17 Education & Technology Group Inc. (NYSE:YQ) shares traded up 1.5% during mid-day trading on Thursday . The company traded as high as $4.70 and last traded at $4.55. 32,242 shares were traded during trading, a decline of 8% from the average session volume of 35,190 shares. The stock had previously closed at $4.48.

17 Education & Technology Group Stock Performance

The stock has a 50-day moving average of $2.59 and a two-hundred day moving average of $2.21. The company has a market cap of $40.39 million, a P/E ratio of -1.14 and a beta of -0.01.

Institutional Trading of 17 Education & Technology Group

A hedge fund recently bought a new stake in 17 Education & Technology Group stock. XTX Topco Ltd acquired a new stake in 17 Education & Technology Group Inc. (NYSE:YQ) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,460 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned about 0.13% of 17 Education & Technology Group as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.54% of the company’s stock.

About 17 Education & Technology Group

17 Education & Technology Group, Inc engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students’ in-school learning.