LZ Technology (NASDAQ:LZMH - Get Free Report)'s stock had its "sell (d)" rating reissued by equities researchers at
Weiss Ratings in a research note issued on Wednesday,
Weiss Ratings reports.
LZ Technology Trading Down 0.9%
Shares of LZ Technology stock opened at $3.17 on Wednesday. LZ Technology has a 12-month low of $2.35 and a 12-month high of $32.10. The firm's 50-day moving average price is $3.52 and its two-hundred day moving average price is $9.18.
Institutional Investors Weigh In On LZ Technology
An institutional investor recently bought a new position in LZ Technology stock. BNP Paribas Financial Markets acquired a new position in shares of LZ Technology Holdings Limited (NASDAQ:LZMH - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,056 shares of the company's stock, valued at approximately $51,000.
LZ Technology Company Profile
(
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.
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