SunCar Technology Group (NASDAQ:SDA) Shares Up 3.7%

SunCar Technology Group Inc. (NASDAQ:SDA) was up 3.7% during trading on Monday . The stock traded as high as $7.30 and last traded at $7.26. Approximately 98,790 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 335,089 shares. The stock had previously closed at $7.00.

SunCar Technology Group Trading Up 5.6 %

The business’s fifty day moving average is $6.82 and its 200 day moving average is $7.76.

Hedge Funds Weigh In On SunCar Technology Group

A hedge fund recently bought a new stake in SunCar Technology Group stock. Geode Capital Management LLC bought a new stake in SunCar Technology Group Inc. (NASDAQ:SDA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,040 shares of the company’s stock, valued at approximately $491,000. Institutional investors and hedge funds 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.