SunCar Technology Group Inc. (NASDAQ:SDA – Get Free Report) fell 1.8% during mid-day trading on Tuesday . The stock traded as low as $6.52 and last traded at $6.54. 10,260 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 348,191 shares. The stock had previously closed at $6.66.
SunCar Technology Group Stock Performance
The firm’s 50-day moving average price is $7.10 and its 200 day moving average price is $8.15.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in SunCar Technology Group stock. Geode Capital Management LLC bought a new stake in SunCar Technology Group Inc. (NASDAQ:SDA – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,040 shares of the company’s stock, valued at approximately $491,000. Hedge funds and other institutional investors own 0.26% of the company’s stock.
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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