Zhibao Technology (NASDAQ:ZBAO) Trading 6.7% Higher – Still a Buy?

Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report)’s stock price shot up 6.7% during trading on Thursday . The stock traded as high as $1.30 and last traded at $1.28. 20,775 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 28,814 shares. The stock had previously closed at $1.20.

Zhibao Technology Stock Performance

The firm has a 50-day simple moving average of $1.59 and a two-hundred day simple moving average of $2.80.

Zhibao Technology Company Profile

(Get Free Report)

Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.

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