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Yuanbao (NASDAQ:YB) Sees Unusually-High Trading Volume - Should You Buy?

Yuanbao logo with Finance background

Yuanbao Inc. - Sponsored ADR (NASDAQ:YB - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 267,332 shares changed hands during mid-day trading, an increase of 152% from the previous session's volume of 106,193 shares.The stock last traded at $23.09 and had previously closed at $22.22.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Yuanbao from a "buy" rating to a "hold" rating in a research note on Sunday, June 15th.

Check Out Our Latest Analysis on YB

Yuanbao Price Performance

Yuanbao (NASDAQ:YB - Get Free Report) last announced its quarterly earnings results on Thursday, June 5th. The company reported $0.89 earnings per share for the quarter. The company had revenue of $133.68 million for 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.

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Should You Invest $1,000 in Yuanbao Right Now?

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