LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) was up 12.1% on Wednesday . The company traded as high as $3.67 and last traded at $3.34. Approximately 312,083 shares were traded during trading, a decline of 49% from the average daily volume of 608,156 shares. The stock had previously closed at $2.98.
LZ Technology Stock Performance
The company's 50-day moving average is $10.12.
Institutional Investors Weigh In On LZ Technology
A hedge fund recently bought a new stake in LZ Technology stock. BNP Paribas Financial Markets bought a new position in LZ Technology Holdings Limited (NASDAQ:LZMH - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,056 shares of the company's stock, valued at approximately $51,000.
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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