Maase Inc. – Sponsored ADR (NASDAQ:MAAS – Get Free Report) rose 2.6% during mid-day trading on Thursday . The company traded as high as $3.55 and last traded at $3.55. Approximately 6,181 shares changed hands during trading, a decline of 69% from the average daily volume of 19,820 shares. The stock had previously closed at $3.46.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Maase from a “hold” rating to a “sell” rating in a report on Saturday, July 12th.
Read Our Latest Stock Analysis on MAAS
Maase Trading Up 2.6%
About Maase
Puyi Inc provides third-party wealth management services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also provides asset management services that include managing fund of funds and non-performing loan funds; and corporate financing services.
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