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Yuanbao (NASDAQ:YB) Trading 9.5% Higher - Should You Buy?

Yuanbao logo with Financial Services background

Yuanbao Inc. - Sponsored ADR (NASDAQ:YB - Get Free Report) shares were up 9.5% during mid-day trading on Monday . The company traded as high as $19.70 and last traded at $19.66. Approximately 11,301 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 78,935 shares. The stock had previously closed at $17.95.

Wall Street Analyst Weigh In

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

View Our Latest Report 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 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.

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

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