Sunlands Technology Group (NYSE:STG) Short Interest Update

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

Sunlands Technology Group Stock Performance

Shares of STG stock traded down $0.22 during mid-day trading on Friday, reaching $5.33. The stock had a trading volume of 1,374 shares, compared to its average volume of 14,480. 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 $73.14 million, a price-to-earnings ratio of 1.19 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.14. The business's fifty day moving average is $6.13 and its 200-day moving average is $6.43.

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