17 Education & Technology Group (NYSE:YQ) Shares Up 0.5% – Should You Buy?

17 Education & Technology Group Inc. (NYSE:YQ) shot up 0.5% during mid-day trading on Wednesday . The company traded as high as $2.00 and last traded at $2.00. 5,005 shares traded hands during trading, a decline of 51% from the average session volume of 10,316 shares. The stock had previously closed at $1.99.

17 Education & Technology Group Trading Up 0.5 %

The stock has a 50-day moving average of $1.78 and a two-hundred day moving average of $1.99. The firm has a market cap of $77.47 million, a price-to-earnings ratio of -0.50 and a beta of -0.02.

Institutional Investors Weigh In On 17 Education & Technology Group

An institutional investor recently bought a new position in 17 Education & Technology Group stock. Catalina Capital Group LLC acquired a new position in shares of 17 Education & Technology Group Inc. (NYSE:YQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 16,516 shares of the company’s stock, valued at approximately $26,000. 3.54% of the stock is currently owned by institutional investors.

About 17 Education & Technology Group

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.