Maase (NASDAQ:MAAS) Shares Down 4.6% – Here’s What Happened

Maase Inc. – Sponsored ADR (NASDAQ:MAASGet Free Report)’s stock price dropped 4.6% during mid-day trading on Friday . The stock traded as low as $2.91 and last traded at $2.91. Approximately 6,459 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 7,889 shares. The stock had previously closed at $3.05.

Analyst Upgrades and Downgrades

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 Maase

Maase Stock Performance

The stock’s fifty day simple moving average is $3.55.

Maase Company Profile

(Get Free Report)

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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