Sunlands Technology Group (STG, Financial) experienced a notable stock increase of 5.80%. The stock is currently priced at $7.85 per share, with a trading volume of 6,996 shares and a turnover rate of 0.05%. The price fluctuation amplitude was recorded at 2.29%.
According to recent financial reports, the company reported a revenue of $67.96 million, a net profit of $11.36 million, and earnings per share of $0.83. The gross profit amounted to $57.38 million, with a price-to-earnings ratio of 1.57. Currently, there are no institutional ratings suggesting a "buy," "hold," or "sell" for this stock.
Within the education services sector, which saw an overall decline of 0.12%, Sunlands Technology Group, along with Tongcheng Tongmei and Chegg, Inc., recorded significant gains. Other active stocks in this sector include Jin Taiyang Health Technology, Stride, and Chegg, Inc., with turnover rates of 2.50%, 2.35%, and 1.94% respectively. Stocks with notable price fluctuations include Jin Taiyang Health Technology, Quantum Song, and Visionary Holdings Inc., which had amplitudes of 11.33%, 10.81%, and 7.90% respectively.
Sunlands Technology Group is a leading provider of online higher and professional education services in China. The company offers various degree- and diploma-oriented higher education courses via its online platform. It also provides professional courses and educational content to help students prepare for certification exams and acquire professional skills. The group operates within a single business segment focused on delivering online education services.
