U-BX Technology Ltd. (NASDAQ:UBXG – Get Free Report)’s share price dropped 2.4% during mid-day trading on Monday . The stock traded as low as $5.00 and last traded at $4.91. 272,074 shares changed hands during trading, a decline of 76% from the average session volume of 1,155,834 shares. The stock had previously closed at $5.03.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of U-BX Technology in a research report on Friday, July 17th. Wall Street Zen cut U-BX Technology to a “strong sell” rating in a research note on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, U-BX Technology has an average rating of “Sell”.
Read Our Latest Stock Analysis on UBXG
U-BX Technology Stock Performance
Institutional Investors Weigh In On U-BX Technology
A hedge fund recently bought a new stake in U-BX Technology stock. XTX Topco Ltd purchased a new position in shares of U-BX Technology Ltd. (NASDAQ:UBXG – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned about 0.08% of U-BX Technology as of its most recent filing with the Securities and Exchange Commission (SEC).
U-BX Technology Company Profile
U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers. It also provides insurance-related information to individual consumers; and auto maintenance, auto value added, vehicle moving notification, and other services. The company was formerly known as Famingsur Develop Limited and changed its name to U-BX Technology Ltd.
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