Yuanbao's (NASDAQ:YB - Get Free Report) quiet period will expire on Monday, June 9th. Yuanbao had issued 2,000,000 shares in its initial public offering on April 30th. The total size of the offering was $30,000,000 based on an initial share price of $15.00. During Yuanbao's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Yuanbao to a "hold" rating in a research report on Saturday, May 24th.
View Our Latest Stock Analysis on YB
Yuanbao Price Performance
Shares of YB traded down $0.26 during mid-day trading on Thursday, hitting $15.19. The company's stock had a trading volume of 33,238 shares, compared to its average volume of 52,041. Yuanbao has a one year low of $14.04 and a one year high of $28.99.
Yuanbao (NASDAQ:YB - Get Free Report) last issued its earnings results on Thursday, June 5th. The company reported $0.89 EPS for the quarter.
Yuanbao Company Profile
(
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Our mission is to protect health and well-being through technology. We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine.
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