Sunlands Technology Group (NYSE:STG) Short Interest Down 18.0% in March

Sunlands Technology Group (NYSE:STG) was the recipient of a large decline in short interest in 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 short sold. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 3.4 days.

Sunlands Technology Group Trading Up 3.6 %

STG stock opened at $5.53 on Thursday. The stock has a market cap of $75.88 million, a price-to-earnings ratio of 1.23 and a beta of 1.05. The business’s 50-day moving average is $6.19 and its 200 day moving average is $6.44. Sunlands Technology Group has a 12-month low of $4.25 and a 12-month high of $11.06. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.14.

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

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.