The stock of Sunlands Technology Group (STG, Financial), an online education service provider, saw a significant increase, rising by 5.20%. The share price reached $7.89 with a trading volume of 7,507 shares and a turnover rate of 0.05%. The stock showed a volatility of 8.27%.
Recent financial reports indicate that Sunlands Technology Group achieved a revenue of $67.96 million and a net profit of $11.36 million, with earnings per share standing at $0.83. The gross profit amounted to $57.38 million, and the price-to-earnings ratio was calculated at 1.61.
In terms of analyst ratings, there are currently no buy, hold, or sell recommendations available for STG. In the education services sector, where Sunlands operates, the overall market saw a decline of 1.55%. However, companies like Mynd Ai Inc and TAL Education, along with Sunlands, experienced notable gains. Other active stocks in the sector included Stride and Genius Group Limited, with turnover rates of 1.43% and 1.42%, respectively.
Sunlands Technology Group specializes in providing online higher education and professional training courses aimed at obtaining degrees and diplomas, as well as professional certifications.
