17 Education & Technology Group Inc. (NYSE:YQ – Get Free Report) shares traded up 5.8% on Tuesday . The stock traded as high as $2.33 and last traded at $2.4650. 2,656 shares were traded during mid-day trading, a decline of 61% from the average session volume of 6,873 shares. The stock had previously closed at $2.33.
17 Education & Technology Group Stock Performance
The company has a fifty day simple moving average of $2.26 and a two-hundred day simple moving average of $3.22. The company has a market capitalization of $26.73 million, a price-to-earnings ratio of -0.62 and a beta of 0.88.
Institutional Investors Weigh In On 17 Education & Technology Group
An institutional investor recently raised its position in 17 Education & Technology Group stock. Renaissance Technologies LLC increased its holdings in 17 Education & Technology Group Inc. (NYSE:YQ – Free Report) by 31.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,530 shares of the company’s stock after purchasing an additional 12,949 shares during the period. Renaissance Technologies LLC owned 0.60% of 17 Education & Technology Group worth $192,000 as of its most recent SEC filing. 3.54% of the stock is currently owned by hedge funds and other institutional investors.
17 Education & Technology Group Company Profile
17 Education & Technology Group is a leading provider of K-12 after-school tutoring services in China, offering a comprehensive portfolio of online educational products designed to supplement classroom learning. The company delivers interactive live classes, adaptive homework exercises and personalized test‐preparation courses across core subjects such as mathematics, Chinese language, English, physics and chemistry. Its digital solutions aim to enhance student engagement, accelerate learning outcomes and provide real‐time performance feedback.
The firm’s flagship platforms include a live online classroom system that combines real‐time video streaming, multimedia teaching aids and AI-powered analytics to support one-to-many instruction.
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