Stock News in Focus: Sunlands Technology Group (NYSE:STG)

Sunlands Technology Group (NYSE:STG) spotted trading -72.57% off 52-week high price. On the other end, the stock has been noted 28.00% away from the low price over the last 52-weeks. The stock changed 2.86% to recent value of $2.88. The stock transacted 16511 shares during most recent day however it has an average volume of 44.37K shares. The company has 166.18M of outstanding shares.

Sunlands Technology Group (NYSE:STG) released its unaudited financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Financial and Operational Highlights

Net revenues were RMB564.2 million (US$84.1 million), representing a 38.8% increase year-over-year.

Gross billings (non-GAAP) were RMB663.9 million (US$98.9 million), representing a 28.6% decrease year-over-year.

Gross profit was RMB478.7 million (US$71.3 million), representing a 42.6% increase year-over-year.

Net loss was RMB112.9 million (US$16.8 million), representing a 54.0% decrease year-over-year. Net loss margin, defined as net loss as a percentage of net revenues, decreased to 20.0% from 60.3% in the first quarter of 2018.

New student enrollments were 100,051, representing a 34.2% decrease year-over-year.

As of March 31, 2019, the Company’s deferred revenue balance was RMB3,372.2 million (US$502.5 million).

Its earnings per share (EPS) expected to touch remained 54.90% for this year. STG has a gross margin of 83.30% and an operating margin of -52.10% while its profit margin remained -47.00% for the last 12 months.

According to the most recent quarter its current ratio was 1.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.56% from the mean of 20 days, -13.92% from mean of 50 days SMA and performed -34.71% from mean of 200 days price. Company’s performance for the week was 0.00%, -4.95% for month and YTD performance remained -5.26%.

Peter Hamm

Peter Hamm is an author, journalist and CEO of the website. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves. As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. Peter observations and experience give him the insight to stock market patterns and the investor behaviors that create them. He reports about Earnings news category. Address: 3876 Levy Court, EASTON, Pennsylvania Email:

Leave a Reply

Your email address will not be published. Required fields are marked *