Research analysts at Oppenheimer assumed coverage on shares of SunCar Technology Group (NASDAQ:SDA – Get Free Report) in a note issued to investors on Tuesday, Marketbeat.com reports. The firm set an “outperform” rating and a $3.50 price target on the stock. Oppenheimer’s price target indicates a potential upside of 19.45% from the stock’s previous close.
SunCar Technology Group Trading Up 2.4%
Shares of SDA opened at $2.93 on Tuesday. The stock has a fifty day moving average of $2.83 and a two-hundred day moving average of $5.79. SunCar Technology Group has a fifty-two week low of $2.41 and a fifty-two week high of $11.74.
SunCar Technology Group (NASDAQ:SDA – Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported ($0.03) EPS for the quarter. The firm had revenue of $102.60 million during the quarter. As a group, equities research analysts anticipate that SunCar Technology Group will post 0.11 earnings per share for the current year.
Hedge Funds Weigh In On SunCar Technology Group
SunCar Technology Group Company Profile
SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.
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