U-BX Technology (NASDAQ:MF) Posts Quarterly Earnings Results

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

U-BX Technology Price Performance

MF traded down $0.51 during midday trading on Monday, hitting $10.47. 62,274 shares of the company traded hands, compared to its average volume of 455,117. The company’s 50-day moving average is $13.15 and its 200 day moving average is $17.61. U-BX Technology has a 52 week low of $2.12 and a 52 week high of $83.50.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MF. Weiss Ratings reiterated a “sell (e+)” rating on shares of U-BX Technology in a research note on Thursday, October 15th. Wall Street Zen upgraded U-BX Technology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 18th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About U-BX Technology

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.