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Why GSX Techedu's Stock is Trading Higher Today

January 22, 2021 10:42 am
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Why GSX Techedu's Stock is Trading Higher Today

GSX Techedu's Stock Price And Volume Action

GSX Techedu (NYSE:GSX) is currently up 4.13% to a price of $82.63. Friday the stock has been traded at a volume of 4.30 million, about 94.29% of its recent 30-day volume average of 4.56 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: GSX Techedu shares are trading higher following a report suggesting students in Beijing will not return to in-person classes, raising demand for online education services.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $60.55 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $141.78 and as low as $27.06.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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