Sunlands Technology Group (NYSE:STG) Short Interest Update

Sunlands Technology Group (NYSE:STG) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 24,200 shares, a drop of 18.0% from the February 28th total of 29,500 shares. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.5% of the shares of the stock are sold short.

Sunlands Technology Group Price Performance

Shares of STG traded up $0.02 during midday trading on Tuesday, reaching $5.47. The stock had a trading volume of 2,129 shares, compared to its average volume of 14,487. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $74.99 million, a P/E ratio of 1.22 and a beta of 1.05. The firm’s 50 day moving average price is $6.22 and its 200-day moving average price is $6.44. Sunlands Technology Group has a 52 week low of $4.25 and a 52 week high of $11.06.

Sunlands Technology Group (NYSE:STG) 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 firm 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.