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17 Education & Technology Group (NYSE:YQ) Trading Up 11% - What's Next?

17 Education & Technology Group logo with Consumer Discretionary background

17 Education & Technology Group Inc. (NYSE:YQ - Get Free Report)'s share price was up 11% during trading on Wednesday . The stock traded as high as $1.98 and last traded at $1.81. Approximately 55,311 shares changed hands during mid-day trading, an increase of 233% from the average daily volume of 16,626 shares. The stock had previously closed at $1.63.

17 Education & Technology Group Price Performance

The stock has a fifty day moving average price of $1.86 and a two-hundred day moving average price of $1.88. The company has a market cap of $65.85 million, a P/E ratio of -0.43 and a beta of -0.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 17 Education & Technology Group stock. Catalina Capital Group LLC bought a new stake in 17 Education & Technology Group Inc. (NYSE:YQ - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,516 shares of the company's stock, valued at approximately $26,000. 3.54% of the stock is currently owned by hedge funds and other institutional investors.

About 17 Education & Technology Group

(Get Free Report)

17 Education & Technology Group, Inc engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning.

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