LZ Technology Holdings Ltd (NASDAQ:LZMH - Get Free Report)'s stock price was down 6% during trading on Friday . The company traded as low as $25.58 and last traded at $26.95. Approximately 94,140 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 557,943 shares. The stock had previously closed at $28.68.
LZ Technology Trading Down 8.9%
The business's 50-day moving average price is $11.16.
About LZ Technology
(
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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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