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 November 15, 2024, YQ stock price declined to $1.86 with 8,945 million shares trading.

YQ has a beta of 1.30, meaning it tends to be more sensitive to market movements. YQ has a correlation of 0.02 to the broad based SPY ETF.

YQ has a market cap of $14.42 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, YQ traded as high as $18.90 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 return of -36.9%, while the SPY ETF gained +31.8%. In the last 3 month period, YQ fell short of the market, returning -7.0%, while SPY returned +6.2%. However, in the most recent 2 weeks YQ has outperformed the stock market by returning +2.6%, while SPY returned +2.6%.

YQ support price is $1.75 and resistance is $2.02 (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 shares will trade within this expected range on the day.