17 Education & Technology Group Inc. sees 4.4% increase in mid-day trading, P/E ratio and beta analysis included

On Friday, the trading of 17 Education & Technology Group Inc.’s (NYSE:YQ) shares saw an increase of 4.4% during the mid-day session. The shares reached a high of $2.15 and closed at $2.14, with a total of 9,568 shares traded, which was a decrease of 17% from the average daily volume of 11,492 shares. Prior to this, the stock had closed at $2.05.

The company’s 50-day moving average price is $2.53 and its 200-day moving average price is $2.48. With a market capitalization of $82.89 million, a P/E ratio of -0.54, and a beta of -0.23, 17 Education & Technology Group Inc. is an education technology company based in China that provides various education and technology services such as membership-based premium educational content subscriptions, light courses, Chinese reading materials, math and oral arithmetic resources, reading machines, and study plans.

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