17 Education & Technology Group (NYSE:YQ) Stock Price Down 0.9% – Here’s What Happened

17 Education & Technology Group Inc. (NYSE:YQ)’s share price was down 0.9% on Friday . The stock traded as low as $2.12 and last traded at $2.17. Approximately 22,756 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 25,200 shares. The stock had previously closed at $2.19.

17 Education & Technology Group Trading Down 0.9%

The firm has a market cap of $19.28 million, a PE ratio of -0.54 and a beta of -0.01. The firm’s 50 day simple moving average is $2.06 and its 200 day simple moving average is $1.89.

Institutional Trading of 17 Education & Technology Group

An institutional investor recently raised its position in 17 Education & Technology Group stock. Simplex Trading LLC grew its holdings in shares of 17 Education & Technology Group Inc. (NYSE:YQ) by 654.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,489 shares of the company’s stock after buying an additional 11,700 shares during the quarter. Simplex Trading LLC’s holdings in 17 Education & Technology Group were worth $25,000 at the end of the most recent reporting period. Institutional investors own 3.54% of the company’s stock.

17 Education & Technology Group Company Profile

17 Education & Technology Group, Inc engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students’ in-school learning.