SunCar Technology Group Inc. (NASDAQ:SDA - Get Free Report) shot up 5.9% during trading on Thursday . The company traded as high as $9.96 and last traded at $9.90. 139,515 shares traded hands during trading, a decline of 51% from the average session volume of 286,505 shares. The stock had previously closed at $9.35.
SunCar Technology Group Stock Performance
The business's 50-day moving average price is $10.03 and its 200 day moving average price is $8.89.
Institutional Inflows and Outflows
An institutional investor recently raised its position 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 second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,186 shares of the company's stock after buying an additional 3,596 shares during the period. XTX Topco Ltd's holdings in SunCar Technology Group were worth $166,000 at the end of the most recent reporting period. 0.26% of the stock is currently owned by hedge funds and other institutional investors.
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.
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