SunCar Technology Group (NASDAQ:SDA) Shares Gap Up to $7.50

SunCar Technology Group Inc. (NASDAQ:SDAGet Free Report) gapped up before the market opened 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 Performance

The firm has a 50 day moving average price of $6.82 and a two-hundred day moving average price of $7.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SunCar Technology Group stock. Geode Capital Management LLC bought a new position in shares of SunCar Technology Group Inc. (NASDAQ:SDAFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,040 shares of the company’s stock, valued at approximately $491,000. 0.26% of the stock is owned by institutional investors.

SunCar Technology Group Company Profile

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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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