Shares of SunCar Technology Group Inc. (NASDAQ:SDA - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $9.01, but opened at $9.30. SunCar Technology Group shares last traded at $9.30, with a volume of 109,614 shares.
Analyst Ratings Changes
Separately, BTIG Research assumed coverage on shares of SunCar Technology Group in a research report on Monday. They set a "buy" rating and a $12.00 price objective for the company.
Get Our Latest Research Report on SunCar Technology Group
SunCar Technology Group Stock Performance
The business's 50 day simple moving average is $9.57 and its 200 day simple moving average is $9.55.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of SDA. State Street Corp increased its position in shares of SunCar Technology Group by 33.5% during the 3rd quarter. State Street Corp now owns 15,461 shares of the company's stock worth $170,000 after purchasing an additional 3,877 shares in the last quarter. XTX Topco Ltd increased its holdings in shares of SunCar Technology Group by 24.6% during the second quarter. XTX Topco Ltd now owns 18,186 shares of the company's stock worth $166,000 after buying an additional 3,596 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of SunCar Technology Group by 4.8% in the third quarter. Geode Capital Management LLC now owns 24,434 shares of the company's stock valued at $269,000 after acquiring an additional 1,116 shares during the last quarter. 0.26% of the stock is currently owned by institutional investors and hedge funds.
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.
Recommended Stories
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 "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
