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Yuanbao (NASDAQ:YB) Sees Unusually-High Trading Volume - Here's What Happened

Yuanbao logo with Financial Services background

Yuanbao Inc. (NASDAQ:YB - Get Free Report) shares saw an uptick in trading volume on Wednesday . 59,171 shares changed hands during mid-day trading, a decline of 7% from the previous session's volume of 63,317 shares.The stock last traded at $15.70 and had previously closed at $15.99.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Yuanbao from a "hold" rating to a "buy" rating in a report on Saturday, June 7th.

Read Our Latest Analysis on Yuanbao

Yuanbao Stock Performance

Yuanbao (NASDAQ:YB - Get Free Report) last issued its quarterly 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 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.

Further Reading

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