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LZ Technology (NASDAQ:LZMH) Stock Price Up 19.3% - Time to Buy?

LZ Technology logo with Computer and Technology background

LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) shot up 19.3% on Wednesday . The stock traded as high as $20.41 and last traded at $19.00. 181,017 shares were traded during trading, a decline of 69% from the average session volume of 574,878 shares. The stock had previously closed at $15.93.

LZ Technology Stock Up 32.0%

The firm has a fifty day simple moving average of $14.07.

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.

Further Reading

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