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LZ Technology (NASDAQ:LZMH) Hits New 52-Week High - Time to Buy?

LZ Technology logo with Business Services background

Shares of LZ Technology Holdings Ltd (NASDAQ:LZMH - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $18.50 and last traded at $17.06, with a volume of 51804 shares changing hands. The stock had previously closed at $17.25.

LZ Technology Trading Down 8.9%

The company has a fifty day moving average price of $11.16.

About LZ Technology

(Get Free Report)

As a holding company with no material operations of its own, LZ Technology conducts its operations through its operating entities formed in the PRC, primarily Lianzhang Portal and its subsidiaries. For the years ended December 31, 2022 and 2023, the Company had a total of 247 and 255 customers, respectively, who entered into contracts with the Company to purchase the Company's products and services.

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