Sunlands Technology Group (STG, Financial) experienced a notable stock movement, with its share price rising by 5.01%. The stock is currently valued at $8.18 per share, with a trading volume of 25,898 shares and a turnover rate of 0.19%. The stock's price earnings ratio stands at a low 1.59, based on its recent financial report showing a revenue of $67.96 million, a net profit of $11.36 million, and earnings per share of $0.83.
In the broader education services sector, where STG operates, there has been an overall decline of 1.39%. Notably, other stocks such as Vasta Platform, TAL Education, and Gaotu Techedu have shown significant growth. Meanwhile, stocks like Golden Sun Education Group, Ambow Education, and Chegg, Inc. have witnessed high trading activity, with turnover rates of 13.10%, 8.45%, and 2.05%, respectively.
Sunlands Technology Group is a prominent provider of online higher education and professional education services in China. Utilizing its online platform, the company offers a variety of degree and diploma-oriented higher education programs, alongside professional courses designed to prepare students for certification exams and skill acquisition.
