Shares of Yuanbao Inc. (NASDAQ:YB - Get Free Report) saw strong trading volume on Tuesday . 66,000 shares were traded during trading, a decline of 19% from the previous session's volume of 81,039 shares.The stock last traded at $21.64 and had previously closed at $19.85.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded shares of Yuanbao from a "buy" rating to a "hold" rating in a report on Sunday.
View Our Latest Stock Analysis on YB
Yuanbao Stock Performance
Yuanbao (NASDAQ:YB - Get Free Report) last released its earnings results on Thursday, June 5th. The company reported $0.89 earnings per share for the quarter. The business had revenue of $133.68 million during the quarter.
Yuanbao Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Yuanbao, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yuanbao wasn't on the list.
While Yuanbao currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.