Shares of LZ Technology Holdings Limited (NASDAQ:LZMH - Get Free Report) fell 7.8% during trading on Monday . The stock traded as low as $17.10 and last traded at $17.52. 236,592 shares changed hands during trading, a decline of 60% from the average session volume of 589,083 shares. The stock had previously closed at $19.00.
LZ Technology Stock Down 9.2%
The company has a fifty day simple moving average of $15.14.
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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