Yuanbao Inc. - Sponsored ADR (NASDAQ:YB - Get Free Report) shares traded down 6.4% during mid-day trading on Friday . The company traded as low as $28.05 and last traded at $28.06. 20,889 shares were traded during mid-day trading, a decline of 81% from the average session volume of 108,076 shares. The stock had previously closed at $29.97.
Analysts Set New Price Targets
Separately, Wall Street Zen cut Yuanbao from a "buy" rating to a "hold" rating in a research report on Sunday, June 15th.
Read Our Latest Stock Analysis on Yuanbao
Yuanbao Stock Down 7.1%
The business has a fifty day moving average of $21.25.
Yuanbao (NASDAQ:YB - Get Free Report) last released its quarterly earnings results on Thursday, June 5th. The company reported $0.89 earnings per share for the quarter. The firm 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.
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