SunCar Technology Group Inc. (NASDAQ:SDA – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $7.50, but opened at $7.67. SunCar Technology Group shares last traded at $7.75, with a volume of 67,809 shares changing hands.
SunCar Technology Group Price Performance
The stock’s fifty day simple moving average is $6.84 and its two-hundred day simple moving average is $7.75.
Institutional Trading of SunCar Technology Group
A hedge fund recently bought a new stake in SunCar Technology Group stock. Geode Capital Management LLC acquired a new stake in shares of SunCar Technology Group Inc. (NASDAQ:SDA – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 19,040 shares of the company’s stock, valued at approximately $491,000. 0.26% of the stock is owned by institutional investors.
About SunCar Technology Group
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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