SunCar Technology Group Inc. (NASDAQ:SDA - Free Report) - Investment analysts at Zacks Small Cap cut their FY2025 earnings per share estimates for SunCar Technology Group in a research note issued on Wednesday, April 30th. Zacks Small Cap analyst T. Kerr now anticipates that the company will earn $0.14 per share for the year, down from their previous estimate of $0.53. The consensus estimate for SunCar Technology Group's current full-year earnings is $0.11 per share.
SunCar Technology Group Stock Up 2.6 %
NASDAQ:SDA traded up $0.07 during mid-day trading on Friday, reaching $2.80. The company's stock had a trading volume of 77,562 shares, compared to its average volume of 338,868. The company's fifty day simple moving average is $3.79 and its two-hundred day simple moving average is $7.09. SunCar Technology Group has a twelve month low of $2.41 and a twelve month high of $11.74.
Institutional Investors Weigh In On SunCar Technology Group
A number of institutional investors have recently bought and sold shares of the stock. Invesco Ltd. lifted its holdings in shares of SunCar Technology Group by 33.6% during the 4th quarter. Invesco Ltd. now owns 43,851 shares of the company's stock valued at $423,000 after acquiring an additional 11,033 shares in the last quarter. Geode Capital Management LLC grew its position in shares of SunCar Technology Group by 42.7% during the fourth quarter. Geode Capital Management LLC now owns 34,865 shares of the company's stock worth $336,000 after buying an additional 10,431 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of SunCar Technology Group in the 4th quarter worth about $100,000. BNP Paribas Financial Markets bought a new position in SunCar Technology Group during the 4th quarter worth approximately $69,000. Finally, XTX Topco Ltd boosted its holdings in SunCar Technology Group by 21.7% in the fourth quarter. XTX Topco Ltd now owns 26,773 shares of the company's stock worth $258,000 after purchasing an additional 4,767 shares during the period. 0.26% of the stock is currently owned by hedge funds and other institutional investors.
SunCar Technology Group Company Profile
(
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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.
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