Zhibao Technology (NASDAQ:ZBAO) Upgraded at Wall Street Zen
by Kim Johansen · The Markets DailyWall Street Zen upgraded shares of Zhibao Technology (NASDAQ:ZBAO – Free Report) to a sell rating in a report published on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zhibao Technology in a report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
Get Our Latest Analysis on Zhibao Technology
Zhibao Technology Trading Down 16.3%
NASDAQ ZBAO opened at $0.53 on Friday. Zhibao Technology has a 12-month low of $0.50 and a 12-month high of $67.00. The firm’s 50 day moving average is $6.40 and its 200-day moving average is $21.27.
About Zhibao Technology
Zhibao Technology Inc is an insurance technology company based in China. Through its digital platform and related services, the company focuses on insurance brokerage and the distribution of commercial property and casualty insurance products.
Zhibao Technology works with businesses and insurance providers to support the design, placement and servicing of insurance coverage. Its technology-based model is intended to streamline insurance transactions and help commercial customers access insurance products through digital channels.
The company operates primarily in the Chinese insurance market.
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