Shares of Zhibao Technology Inc. (NASDAQ:ZBAO – Get Free Report) traded down 31.7% during trading on Monday . The company traded as low as $0.2517 and last traded at $0.2895. Approximately 14,872,097 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 19,325,542 shares. The stock had previously closed at $0.4238.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zhibao Technology in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on Zhibao Technology
Zhibao Technology Stock Performance
Zhibao Technology Company Profile
Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.
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