On Wednesday, SunCar Technology Group Inc. (NASDAQ:SDA – Get Free Report) experienced a decline in its share price before trading. Despite closing at $8.47, the stock opened at $8.30. The previous trading day’s closing price for SunCar Technology Group shares was $8.35, with a volume of 31,157 shares exchanging hands. The company’s fifty-day moving average is $8.06 and its 200-day moving average is $7.64.
SunCar Technology Group Inc provides digitalized automotive after-sales service and online insurance intermediation services in the People’s Republic of China through its subsidiaries. The business operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business. With its focus on leveraging technology to improve the automotive industry, SunCar Technology Group continues to innovate and expand its offerings in China.
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