Yuanbao (NASDAQ:YB) Sees Unusually-High Trading Volume – Here’s What Happened

Yuanbao Inc. – Sponsored ADR (NASDAQ:YBGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 267,332 shares traded hands during mid-day trading, an increase of 152% from the previous session’s volume of 106,193 shares.The stock last traded at $23.09 and had previously closed at $22.22.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Yuanbao from a “buy” rating to a “hold” rating in a research note on Sunday, June 15th.

Read Our Latest Stock Analysis on YB

Yuanbao Stock Up 4.4%

Yuanbao (NASDAQ:YBGet Free Report) last released its earnings results on Thursday, June 5th. The company reported $0.89 EPS for the quarter. The firm had revenue of $133.68 million during the quarter.

About Yuanbao

(Get Free Report)

Our mission is to protect health and well-being through technology. We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine.

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