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LZ Technology (NASDAQ:LZMH) Trading Up 2.8% - Still a Buy?

LZ Technology logo with Computer and Technology background

Shares of LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) shot up 2.8% during trading on Friday . The stock traded as high as $6.47 and last traded at $6.17. 146,684 shares were traded during trading, a decline of 76% from the average session volume of 617,631 shares. The stock had previously closed at $6.00.

LZ Technology Stock Performance

The stock's 50-day moving average price is $15.51.

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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