SunCar Technology Group Inc. (NASDAQ:SDA - Get Free Report) shares traded up 7.9% on Monday . The stock traded as high as $11.00 and last traded at $10.93. 318,348 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 289,940 shares. The stock had previously closed at $10.13.
SunCar Technology Group Price Performance
The company's 50-day moving average price is $10.01 and its two-hundred day moving average price is $9.05.
Hedge Funds Weigh In On SunCar Technology Group
A hedge fund recently raised its stake in SunCar Technology Group stock. XTX Topco Ltd grew its stake in SunCar Technology Group Inc. (NASDAQ:SDA - Free Report) by 24.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 filing with the Securities and Exchange Commission. Institutional investors own 0.26% of the company's stock.
About SunCar Technology Group
(
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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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