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 trading hands.
SunCar Technology Group Stock Down 1.8 %
The company’s 50 day moving average is $6.84 and its 200 day moving average is $7.75.
Hedge Funds Weigh In On SunCar Technology Group
An institutional investor recently bought a new position in SunCar Technology Group stock. Geode Capital Management LLC bought a new position in shares of SunCar Technology Group Inc. (NASDAQ:SDA – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,040 shares of the company’s stock, valued at approximately $491,000. 0.26% of the stock is owned by hedge funds and other institutional investors.
SunCar Technology Group Company Profile
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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