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Yuanbao (NASDAQ:YB) Shares Gap Down - Time to Sell?

Yuanbao logo with Financial Services background

Yuanbao Inc. (NASDAQ:YB - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $16.78, but opened at $15.70. Yuanbao shares last traded at $16.00, with a volume of 102,230 shares.

Analysts Set New Price Targets

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

Read Our Latest Research Report on YB

Yuanbao Price 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 (EPS) for the quarter. The business had revenue of $133.68 million during the quarter.

About Yuanbao

(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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