Zhibao Technology (NASDAQ:ZBAO) Trading Up 6% – Still a Buy?

Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) shares were up 6% on Wednesday . The stock traded as high as $1.07 and last traded at $1.06. Approximately 11,711 shares were traded during trading, a decline of 67% from the average daily volume of 35,165 shares. The stock had previously closed at $1.00.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on Zhibao Technology

Zhibao Technology Trading Up 6.0%

The company’s 50-day moving average is $1.02 and its two-hundred day moving average is $1.06.

About Zhibao Technology

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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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