STG Stock Dips 5%, Financial Summary and Market Performance

Shangde Education (STG, Financial) experienced a significant stock price drop of 5%. The stock is currently valued at $7.34 per share, with a trading volume of 12,850 shares, a turnover rate of 0.09%, and a volatility rate of 4.53%. The recent financial report reveals that Shangde Education achieved a revenue of $67.96 million, a net profit of $11.36 million, and an earnings per share of $0.83. The company's gross profit stands at $57.38 million, with a price-to-earnings ratio of 1.61. At present, no financial institutions have issued ratings of 'buy,' 'hold,' or 'sell' for this stock.

Within the education services industry, the overall decline is 0.93%. Noteworthy performers include Quantum Song, Tongcheng Tongmei, and NetEase Youdao, which have shown significant gains. Active stocks in this sector are Lixiang Education, Tongcheng Tongmei, and Huafu Education, with turnover rates of 7.10%, 6.22%, and 3.23%, respectively. Additionally, Quantum Song, Tongcheng Tongmei, and Yiqi Education Technology exhibited high volatility rates of 31.03%, 21.99%, and 19.80%, respectively.

Company Profile: Shangde Education is a leading provider of online higher education and professional education services in China. The company offers a wide range of degree and diploma-oriented courses through its online platform. Additionally, it provides professional courses and educational content to help students prepare for professional certification exams and acquire new skills. The group's primary division focuses on delivering online education services.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.