U-BX Technology (NASDAQ:UBXG) Trading 2.5% Higher - What's Next?

Key Points

• U-BX Technology Ltd. (NASDAQ: UBXG) saw its share price increase by 2.5% during mid-day trading, reaching a last traded price of $2.12.
• Research analysts have mixed ratings on U-BX Technology, with Wall Street Zen upgrading it to "hold," while Weiss Ratings maintains a "sell" rating, resulting in an average rating of "sell" for the stock.
• The company specializes in AI-driven technology services for the insurance industry in China, providing digital promotion and risk assessment services.

U-BX Technology Ltd. (NASDAQ:UBXG - Get Free Report)'s share price traded up 2.5% during mid-day trading on Friday . The company traded as high as $2.15 and last traded at $2.12. 25,691 shares were traded during trading, a decline of 80% from the average session volume of 127,974 shares. The stock had previously closed at $2.07.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wall Street Zen upgraded shares of U-BX Technology to a "hold" rating in a research note on Friday, October 3rd. Weiss Ratings restated a "sell (e+)" rating on shares of U-BX Technology in a research report on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".

U-BX Technology Stock Performance

The business's 50 day simple moving average is $2.40 and its 200 day simple moving average is $3.05.

U-BX Technology Company Profile

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.

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