U-BX Technology Ltd. (NASDAQ:UBXG – Get Free Report) was down 2.4% during trading on Monday . The stock traded as low as $5.00 and last traded at $4.91. Approximately 272,074 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 1,155,834 shares. The stock had previously closed at $5.03.
Analysts Set New Price Targets
Several research firms have recently issued reports on UBXG. Wall Street Zen lowered shares of U-BX Technology to a “strong sell” rating in a research report on Saturday, June 20th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of U-BX Technology in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on UBXG
U-BX Technology Trading Down 2.4%
Institutional Trading of U-BX Technology
A hedge fund recently bought a new stake in U-BX Technology stock. XTX Topco Ltd bought a new position in shares of U-BX Technology Ltd. (NASDAQ:UBXG – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned approximately 0.08% of U-BX Technology at the end of the most recent quarter.
About U-BX Technology
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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