Yuanbao (NASDAQ:YB) Stock Price Up 8.5% – Time to Buy?

Yuanbao Inc. (NASDAQ:YBGet Free Report) traded up 8.5% during trading on Monday . The company traded as high as $16.46 and last traded at $16.46. 113,427 shares were traded during trading, an increase of 87% from the average session volume of 60,542 shares. The stock had previously closed at $15.17.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Yuanbao from a “hold” rating to a “buy” rating in a report on Saturday.

Check Out Our Latest Stock Report on YB

Yuanbao Stock Performance

Yuanbao (NASDAQ:YBGet Free Report) last announced its quarterly earnings data on Thursday, June 5th. The company reported $0.89 earnings per share (EPS) for the quarter. The business 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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