Yuanbao Inc. - Sponsored ADR (NASDAQ:YB - Get Free Report) rose 7.2% on Thursday . The stock traded as high as $21.51 and last traded at $21.51. Approximately 20,342 shares were traded during trading, a decline of 77% from the average daily volume of 88,581 shares. The stock had previously closed at $20.07.
Wall Street Analyst Weigh In
Several research firms recently commented on YB. Weiss Ratings reiterated a "hold (c+)" rating on shares of Yuanbao in a research note on Wednesday. Wall Street Zen lowered shares of Yuanbao from a "buy" rating to a "hold" rating in a research report on Sunday, June 15th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Yuanbao presently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on YB
Yuanbao Stock Performance
The company's 50 day simple moving average is $23.97.
Yuanbao (NASDAQ:YB - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.90 earnings per share (EPS) for the quarter. The company had revenue of $149.36 million during the quarter.
Institutional Investors Weigh In On Yuanbao
A number of hedge funds have recently made changes to their positions in YB. Federated Hermes Inc. acquired a new stake in shares of Yuanbao during the 2nd quarter worth about $370,000. JPMorgan Chase & Co. bought a new stake in Yuanbao during the second quarter worth about $454,000. Finally, WFM ASIA BVI Ltd bought a new stake in Yuanbao during the second quarter worth about $2,020,000.
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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