17 Education & Technology Group (NYSE:YQ) Posts Quarterly Earnings Results

17 Education & Technology Group (NYSE:YQ) posted its quarterly earnings results on Tuesday. The company reported ($4.50) earnings per share for the quarter, RTT News reports. 17 Education & Technology Group had a negative return on equity of 38.90% and a negative net margin of 113.55%.

17 Education & Technology Group Price Performance

NYSE YQ remained flat at $4.50 on Tuesday. 15,324 shares of the company’s stock traded hands, compared to its average volume of 34,353. The business has a 50 day simple moving average of $5.10 and a two-hundred day simple moving average of $3.30. 17 Education & Technology Group has a 1 year low of $1.26 and a 1 year high of $6.45. The stock has a market capitalization of $39.99 million, a P/E ratio of -1.13 and a beta of 0.28.

Hedge Funds Weigh In On 17 Education & Technology Group

A hedge fund recently bought a new stake in 17 Education & Technology Group stock. XTX Topco Ltd acquired a new stake in 17 Education & Technology Group Inc. (NYSE:YQ) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,460 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned about 0.13% of 17 Education & Technology Group at the end of the most recent reporting period. Institutional investors and hedge funds own 3.54% of the company’s stock.

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.