Maase (NASDAQ:MAAS) Trading 10% Higher – Here’s Why

Shares of Maase Inc. – Sponsored ADR (NASDAQ:MAASGet Free Report) were up 10% during mid-day trading on Friday . The company traded as high as $5.09 and last traded at $4.97. Approximately 28,667 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 44,300 shares. The stock had previously closed at $4.52.

Maase Stock Up 10.0%

The company’s 50-day moving average price is $3.82.

Maase Company Profile

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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. Puyi Inc was incorporated in 2018 and is headquartered in Guangzhou, China.

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