LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) shares dropped 13.3% on Monday . The company traded as low as $4.20 and last traded at $4.57. Approximately 523,003 shares changed hands during trading, a decline of 14% from the average daily volume of 610,200 shares. The stock had previously closed at $5.27.
LZ Technology Stock Performance
The business's 50 day simple moving average is $15.68.
LZ Technology Company Profile
(
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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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