Following were the most active stock buzzers on Thursday. Keep an eye on these stocks this week.
OneConnect Financial Technology Co. Ltd. (NYSE:OCFT) stock continued to gain momentum in the previous trading session. The stock went up by 3.17% to $2.60 with more than 2.22 million shares traded hands, well above its average volume of 1.80 million shares. The stock has gained 3% over the past week.
Gaotu Techedu Inc. (NYSE:GOTU) was another active stock buzzer on Thursday. The stock closed higher by 3% to $2.49 with more than 14.01 million shares traded hands, well above its average volume of 10.01 million shares. There was no specific news for such a big move, however the stock is still down 95% so far this year. GOTU stock is trading above 30% from its 52-week low and 98% away from its 52-week high.
China Online Education Group (NYSE:COE) was one of the biggest percentage gainers on hefty volume. The stock surged 24.60% to close at $1.57 after hitting a session high of $1.63. China Online Education Group, through its subsidiaries, provides online English language education services to students in the People’s Republic of China and the Philippines.
New Oriental Education & Technology Group Inc. (NYSE:EDU) stock had a volatile session as the stock moved higher by 2.79% to $2.21 on hefty volume of 88.67 million shares, well above its average volume of 38.33 million shares. Ever since the Chinese government announced its crackdown on the for-profit education industry this past summer, New Oriental, Gaotu, and TAL, too, have been in the dumps.
Shapeways Holdings Inc. (NYSE:SHPW) stock was another active buzzers as the stock surged 3% to close at $3.80. More than 364K shares traded hands, compared to its average volume of 584k shares. Shapeways Holdings, Inc. facilitates the design, manufacture, and sale of 3D printed products in the United States, Europe, and internationally.
KULR Technology Group Inc (NYSEAmerican:KULR) Tech stocks have been carrying the market recently if you’re looking for the next breakout star in the industry, KULR Technology Group (NYSE:KULR) may be worth researching. The lithium-ion battery and thermal technology management company’s client list boasts NASA, Leidos (NYSE: LDOS) and Lockheed Martin (NYSE: LMT) to name just a few. For a $3 stock that’s quite the resume, recently reporting Q3 earnings boasting an income up 300% over the same period last year, they approach the end of the 4th quarter with cash, orders to fulfill, and a potentially monstrous Q4 report in the coming weeks.
