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LZ Technology (NASDAQ:LZMH) Shares Gap Up - Time to Buy?

LZ Technology logo with Business Services background

Shares of LZ Technology Holdings Ltd (NASDAQ:LZMH - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $8.01, but opened at $9.09. LZ Technology shares last traded at $9.10, with a volume of 35,472 shares.

LZ Technology Stock Down 4.7 %

The company's 50-day moving average price is $8.96.

LZ Technology Company Profile

(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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