Free Trial

SunCar Technology Group (NASDAQ:SDA) Shares Gap Up - What's Next?

SunCar Technology Group logo with Business Services background

SunCar Technology Group Inc. (NASDAQ:SDA - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $9.45, but opened at $10.33. SunCar Technology Group shares last traded at $9.70, with a volume of 61,802 shares trading hands.

SunCar Technology Group Stock Performance

The firm has a 50 day moving average price of $10.02 and a 200-day moving average price of $8.93.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SunCar Technology Group stock. XTX Topco Ltd increased its stake in SunCar Technology Group Inc. (NASDAQ:SDA - Free Report) by 24.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,186 shares of the company's stock after purchasing an additional 3,596 shares during the period. XTX Topco Ltd's holdings in SunCar Technology Group were worth $166,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.26% of the company's stock.

SunCar Technology Group Company Profile

(Get Free Report)

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.

See Also

Should you invest $1,000 in SunCar Technology Group right now?

Before you consider SunCar Technology Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SunCar Technology Group wasn't on the list.

While SunCar Technology Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines