SunCar Technology Group (NASDAQ:SDA) Stock Price Down 1.8%

Shares of SunCar Technology Group Inc. (NASDAQ:SDA) traded down 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 traded 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 Trading Up 5.8 %

The stock’s 50-day simple moving average is $7.10 and its 200 day simple moving average is $8.15.

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 acquired a new stake in shares of SunCar Technology Group Inc. (NASDAQ:SDA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,040 shares of the company’s stock, valued at approximately $491,000. 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.