YQ Stock Summary and Trading Ideas (17 Education & Technology Group - American Depositary Shares | NASDAQ:YQ)

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.

17 Education & Technology Group - American Depositary Shares trades on the NASDAQ stock market under the symbol YQ.

As of April 19, 2024, YQ stock price declined to $2.23 with 3,867 million shares trading.

YQ has a beta of 0.35, meaning it tends to be less sensitive to market movements. YQ has a correlation of 0.00 to the broad based SPY ETF.

YQ has a market cap of $21.70 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, YQ stock traded as high as $150.00 and as low as $1.41.

The top ETF exchange traded funds that YQ belongs to (by Net Assets): SPEM.

YQ has underperformed the market in the last year with a price return of -67.7% while the SPY ETF gained +21.2%. YQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.2% and -11.9%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

YQ support price is $2.19 and resistance is $2.74 (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 YQ stock will trade within this expected range on the day.