Short Interest in Sunlands Technology Group (NYSE:STG) Drops By 18.0%

Sunlands Technology Group (NYSE:STG - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 24,200 shares, a decrease of 18.0% from the February 28th total of 29,500 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 3.4 days. Currently, 0.5% of the shares of the company are sold short.

Sunlands Technology Group Stock Performance

STG stock traded down $0.22 during trading on Friday, hitting $5.33. The company had a trading volume of 1,374 shares, compared to its average volume of 14,526. The firm has a 50-day moving average price of $6.13 and a 200-day moving average price of $6.43. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. The firm has a market cap of $73.14 million, a PE ratio of 1.19 and a beta of 0.75. Sunlands Technology Group has a 1-year low of $4.25 and a 1-year high of $11.06.

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

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.