GGV Capital LLC lessened its holdings in QuantaSing Group Limited (NASDAQ:QSG - Free Report) by 5.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,871,259 shares of the company's stock after selling 180,381 shares during the quarter. QuantaSing Group comprises 6.2% of GGV Capital LLC's portfolio, making the stock its 5th largest position. GGV Capital LLC owned approximately 5.61% of QuantaSing Group worth $6,661,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of QSG. Acadian Asset Management LLC purchased a new position in shares of QuantaSing Group in the 2nd quarter worth about $36,000. Renaissance Technologies LLC purchased a new stake in QuantaSing Group during the 2nd quarter valued at $49,000. Finally, Boston Partners purchased a new stake in QuantaSing Group during the 1st quarter valued at $401,000.
QuantaSing Group Stock Performance
Shares of QSG traded up $0.01 during mid-day trading on Tuesday, hitting $2.83. 105,281 shares of the company traded hands, compared to its average volume of 248,817. The stock has a 50-day moving average price of $2.87 and a two-hundred day moving average price of $2.28. QuantaSing Group Limited has a 1 year low of $1.40 and a 1 year high of $6.22. The stock has a market cap of $144.92 million, a price-to-earnings ratio of 3.04 and a beta of 0.29.
QuantaSing Group (NASDAQ:QSG - Get Free Report) last released its quarterly earnings data on Wednesday, August 28th. The company reported $0.50 earnings per share for the quarter. The firm had revenue of $137.62 million during the quarter. QuantaSing Group had a net margin of 10.15% and a return on equity of 104.58%. On average, analysts forecast that QuantaSing Group Limited will post 0.72 EPS for the current year.
QuantaSing Group Dividend Announcement
The firm also recently announced a -- dividend, which was paid on Friday, November 15th. Investors of record on Wednesday, October 30th were given a dividend of $0.201 per share. The ex-dividend date was Wednesday, October 30th.
QuantaSing Group Profile
(
Free Report)
QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers.
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