Shares of Yuanbao Inc. (NASDAQ:YB - Get Free Report) rose 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 were traded during trading, a decline of 86% from the average daily volume of 78,935 shares. The stock had previously closed at $17.95.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded Yuanbao from a "buy" rating to a "hold" rating in a research note on Sunday.
Check Out Our Latest Stock Report on YB
Yuanbao Stock Performance
Yuanbao (NASDAQ:YB - Get Free Report) last issued its quarterly earnings data on Thursday, June 5th. The company reported $0.89 earnings per share (EPS) for the quarter. The company had revenue of $133.68 million for the quarter.
About Yuanbao
(
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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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