SDA Stock Summary and Trading Ideas (Suncar Tech Gr | NASDAQ:SDA)

SunCar Technology Group Inc is a provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China. It operates an automotive after-sales services business through offering customized service solutions to enterprise clients, who are major banks, insurance companies, telecommunication companies, new energy vehicle, original equipment manufacturers or any client who have end customers demanding automotive services.

Suncar Tech Gr trades on the NASDAQ stock market under the symbol SDA.

As of February 5, 2025, SDA stock price declined to $7.66 with 819,631 million shares trading.

SDA has a beta of -0.19, meaning it tends to be less sensitive to market movements. SDA has a correlation of 0.00 to the broad based SPY ETF.

SDA has a market cap of $793.87 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that SDA belongs to (by Net Assets): PGJ, EWX, GXC.

SDA has underperformed the market in the last year with a price return of -16.9% while the SPY ETF gained +23.6%. SDA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -27.2% and -18.3%, respectively, while the SPY returned +6.3% and +0.1%, respectively.

SDA support price is $9.85 and resistance is $10.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SDA shares will trade within this expected range on the day.