17 Education & Technology Group Inc. (NYSE:YQ – Get Rating) shares shot up 0.5% on Friday . The stock traded as high as $2.02 and last traded at $1.96. 53,714 shares were traded during trading, a decline of 68% from the average session volume of 169,665 shares. The stock had previously closed at $1.95.
17 Education & Technology Group Stock Up 0.5 %
The company has a 50-day moving average price of $1.85 and a two-hundred day moving average price of $2.01. The stock has a market capitalization of $96.65 million, a P/E ratio of -0.75 and a beta of -0.35.
17 Education & Technology Group (NYSE:YQ – Get Rating) last announced its quarterly earnings results on Thursday, June 9th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $36.83 million for the quarter. 17 Education & Technology Group had a negative return on equity of 76.01% and a negative net margin of 41.35%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of YQ. H Capital II GP L.P. bought a new position in 17 Education & Technology Group during the first quarter valued at approximately $3,605,000. H Capital V GP L.P. bought a new position in 17 Education & Technology Group during the fourth quarter valued at approximately $1,188,000. Renaissance Technologies LLC grew its position in 17 Education & Technology Group by 30.8% during the second quarter. Renaissance Technologies LLC now owns 112,856 shares of the company’s stock valued at $222,000 after acquiring an additional 26,582 shares during the last quarter. State Street Corp grew its position in 17 Education & Technology Group by 36.5% during the first quarter. State Street Corp now owns 80,818 shares of the company’s stock valued at $215,000 after acquiring an additional 21,624 shares during the last quarter. Finally, Leo Brokerage LLC bought a new position in 17 Education & Technology Group during the first quarter valued at approximately $65,000. 11.89% of the stock is currently owned by institutional investors.
About 17 Education & Technology Group
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17 Education & Technology Group Inc, an education technology company, provides education and education technology services in the People’s Republic of China. The company also provides educational services comprising membership-based educational content subscriptions to à la carte workbooks, study plans, and associated services.
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