Zhibao Technology (NASDAQ:ZBAO) Trading 4.8% Higher – Should You Buy?

Shares of Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) traded up 4.8% on Tuesday . The company traded as high as $1.23 and last traded at $1.09. 118,793 shares changed hands during trading, an increase of 301% from the average session volume of 29,613 shares. The stock had previously closed at $1.04.

Analyst Ratings Changes

Separately, Wall Street Zen raised Zhibao Technology to a “hold” rating in a report on Saturday, June 14th.

Get Our Latest Stock Analysis on Zhibao Technology

Zhibao Technology Price Performance

The stock has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.09.

Zhibao Technology Company Profile

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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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