SunCar Technology Group Inc. (NASDAQ:SDA – Get Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $7.52, but opened at $7.69. SunCar Technology Group shares last traded at $7.26, with a volume of 31,087 shares.
SunCar Technology Group Stock Performance
The company’s 50 day simple moving average is $6.99 and its two-hundred day simple moving average is $7.98.
Hedge Funds Weigh In On SunCar Technology Group
An institutional investor recently bought a new position in SunCar Technology Group stock. Geode Capital Management LLC bought a new position in shares of SunCar Technology Group Inc. (NASDAQ:SDA – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,040 shares of the company’s stock, valued at approximately $491,000. 0.26% of the stock is currently owned by hedge funds and other institutional investors.
SunCar Technology Group Company Profile
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.
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