The stock of SunCar Technology Group Inc (SDA) has gone up by 7.65% for the week, with a 8.56% rise in the past month and a 1.38% rise in the past quarter. The volatility ratio for the week is 6.55%, and the volatility levels for the past 30 days are 7.45% for SDA. The simple moving average for the last 20 days is 8.15% for SDA stock, with a simple moving average of 12.11% for the last 200 days.
Is It Worth Investing in SunCar Technology Group Inc (NASDAQ: SDA) Right Now?
The 36-month beta value for SDA is also noteworthy at -0.11. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SDA is 33.18M, and at present, short sellers hold a 0.67% of that float. The average trading volume of SDA on January 31, 2025 was 420.92K shares.
SDA) stock’s latest price update
SunCar Technology Group Inc (NASDAQ: SDA)’s stock price has increased by 0.10 compared to its previous closing price of 10.26. However, the company has seen a 7.65% increase in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-21 that NEW YORK, Jan. 21, 2025 /PRNewswire/ — SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, today announced the appointment of Mr. Breaux Walker as the Company’s Chief Strategy Officer (CSO), effective January 13, 2025.
Analysts’ Opinion of SDA
Many brokerage firms have already submitted their reports for SDA stocks, with BTIG Research repeating the rating for SDA by listing it as a “Buy.” The predicted price for SDA in the upcoming period, according to BTIG Research is $12 based on the research report published on December 30, 2024 of the previous year 2024.
SDA Trading at 8.47% from the 50-Day Moving Average
After a stumble in the market that brought SDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.52% of loss for the given period.
Volatility was left at 7.45%, however, over the last 30 days, the volatility rate increased by 6.55%, as shares surge +6.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.93% upper at present.
During the last 5 trading sessions, SDA rose by +8.18%, which changed the moving average for the period of 200-days by +45.35% in comparison to the 20-day moving average, which settled at $9.50. In addition, SunCar Technology Group Inc saw 6.42% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SDA
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.11 for the gross margin
The net margin for SunCar Technology Group Inc stands at -0.21. The total capital return value is set at -0.76.
Based on SunCar Technology Group Inc (SDA), the company’s capital structure generated 0.84 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12.
Currently, EBITDA for the company is -5.7 million with net debt to EBITDA at -0.85. When we switch over and look at the enterprise to sales, we see a ratio of 2.78. The receivables turnover for the company is 5.32for trailing twelve months and the total asset turnover is 1.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
In summary, SunCar Technology Group Inc (SDA) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
