U-BX Technology (NASDAQ:UBXG) Trading Up 1.9% – Should You Buy?

U-BX Technology Ltd. (NASDAQ:UBXG) was up 1.9% on Monday . The company traded as high as $1.08 and last traded at $1.08. Approximately 19,923 shares traded hands during trading, a decline of 53% from the average daily volume of 42,608 shares. The stock had previously closed at $1.06.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of U-BX Technology in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

U-BX Technology Trading Up 1.9%

The business has a fifty day moving average price of $1.76 and a two-hundred day moving average price of $1.93.

U-BX Technology (NASDAQ:UBXG) last released its quarterly earnings results on Friday, April 3rd. The company reported ($0.18) earnings per share for the quarter. The firm had revenue of $5.83 million during the quarter.

Hedge Funds Weigh In On U-BX Technology

A hedge fund recently bought a new stake in U-BX Technology stock. XTX Topco Ltd bought a new stake in shares of U-BX Technology Ltd. (NASDAQ:UBXG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned 0.08% of U-BX Technology at the end of the most recent reporting period.

About U-BX Technology

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers. It also provides insurance-related information to individual consumers; and auto maintenance, auto value added, vehicle moving notification, and other services. The company was formerly known as Famingsur Develop Limited and changed its name to U-BX Technology Ltd.