Sunlands Technology Group (NYSE:STG) Sees Significant Decrease in Short Interest

Sunlands Technology Group (NYSE:STG - Get Free Report) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 29,500 shares, a drop of 14.5% from the February 13th total of 34,500 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 4.0 days.

Sunlands Technology Group Price Performance

Sunlands Technology Group stock traded up $0.05 during trading hours on Friday, hitting $5.64. 2,750 shares of the company traded hands, compared to its average volume of 14,630. Sunlands Technology Group has a 1-year low of $4.25 and a 1-year high of $11.06. The firm has a market cap of $77.39 million, a P/E ratio of 1.26 and a beta of 1.05. The firm's 50-day simple moving average is $6.24 and its two-hundred day simple moving average is $6.46. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14.

Sunlands Technology Group (NYSE:STG - Get Free Report) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $66.24 million for the quarter. Sunlands Technology Group had a net margin of 21.47% and a return on equity of 103.50%.

Sunlands Technology Group Company Profile

Sunlands Technology Group, through its subsidiaries, provides online education services through online and mobile platforms in the People's Republic of China. It offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (STE) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of Master of Business Administration programs.