Sunlands Technology Group (NYSE:STG) Trading Down 1.8%

Shares of Sunlands Technology Group (NYSE:STG) traded down 1.8% during mid-day trading on Friday . The company traded as low as $7.80 and last traded at $7.85. 2,640 shares were traded during mid-day trading, a decline of 16% from the average session volume of 3,135 shares. The stock had previously closed at $7.99.

Sunlands Technology Group Stock Down 1.8 %

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 1.16. The stock has a market capitalization of $107.70 million, a PE ratio of 1.36 and a beta of 0.89. The company has a 50 day moving average price of $7.79 and a 200-day moving average price of $8.71.

Sunlands Technology Group (NYSE:STG) last announced its earnings results on Friday, May 24th. The company reported $1.14 earnings per share for the quarter. Sunlands Technology Group had a net margin of 27.11% and a return on equity of 284.13%. The firm had revenue of $72.47 million for the quarter.

About Sunlands Technology Group

Sunlands Technology Group, through its subsidiaries, provides online education services through online and mobile platforms in the People's Republic of China. It offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of Master of Business Administration programs.