Shares of 17 Education & Technology Group Inc. (NYSE:YQ - Get Free Report) rose 8.7% during trading on Thursday . The stock traded as high as $2.27 and last traded at $2.05. Approximately 108,828 shares changed hands during trading, an increase of 469% from the average daily volume of 19,135 shares. The stock had previously closed at $1.89.
17 Education & Technology Group Price Performance
The firm has a market capitalization of $76.31 million, a price-to-earnings ratio of -0.49 and a beta of -0.07. The firm's fifty day moving average is $1.87 and its 200 day moving average is $1.84.
Institutional Trading of 17 Education & Technology Group
A hedge fund recently raised its stake in 17 Education & Technology Group stock. Simplex Trading LLC raised its holdings in 17 Education & Technology Group Inc. (NYSE:YQ - Free Report) by 654.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,489 shares of the company's stock after acquiring an additional 11,700 shares during the quarter. Simplex Trading LLC's holdings in 17 Education & Technology Group were worth $25,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.54% of the company's stock.
About 17 Education & Technology Group
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17 Education & Technology Group, Inc engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning.
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