U-BX Technology (NASDAQ:MF) Releases Earnings Results

U-BX Technology (NASDAQ:MF) released its earnings results on Monday. The company reported ($10.15) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $1.60 million for the quarter.

U-BX Technology Stock Down 4.6%

Shares of MF opened at $10.47 on Tuesday. U-BX Technology has a one year low of $2.12 and a one year high of $83.50. The business has a fifty day moving average of $13.05 and a 200 day moving average of $27.53.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MF shares. Weiss Ratings reissued a “sell (e+)” rating on shares of U-BX Technology in a research report on Thursday, October 15th. Wall Street Zen raised shares of U-BX Technology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

U-BX Technology Company Profile

U-BX Technology is a China-based insurance technology company that develops and operates an artificial intelligence-powered platform for the insurance industry. The company’s technology is designed to connect insurance providers, brokers, agents and customers through digital tools and data-driven services.

Its business activities include providing insurance-related products and services, with offerings reported to include auto insurance, health insurance and life insurance. The platform is intended to support the distribution and management of insurance products while helping industry participants improve customer engagement and operating efficiency.

U-BX Technology was established in 2015 and is based in Hangzhou, China.