Shares of SunCar Technology Group Inc. (NASDAQ:SDAWW – Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $0.08 and traded as high as $0.0801. SunCar Technology Group shares last traded at $0.0849, with a volume of 653 shares traded.
SunCar Technology Group Stock Up 41.5%
The company’s fifty day moving average is $0.08 and its two-hundred day moving average is $0.11.
About SunCar Technology Group
SunCar Technology Group operates a digital platform in China that connects automobile owners and businesses with insurance and vehicle-related services. Its technology supports the delivery and management of these services through online tools and a network of providers.
The company’s business includes auto insurance distribution and automotive after-sales services. Its platform helps customers access services such as vehicle maintenance, repair, cleaning and roadside assistance, and supports businesses managing service needs for vehicle fleets.
SunCar was founded in China and serves customers and partners across the country, including insurers, automakers and corporate clients.
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