Zhibao Technology (NASDAQ:ZBAO) Stock Price Up 6.7% – Still a Buy?

Shares of Zhibao Technology Inc. (NASDAQ:ZBAOGet Free Report) rose 6.7% on Thursday . The stock traded as high as $1.30 and last traded at $1.28. Approximately 20,775 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 28,814 shares. The stock had previously closed at $1.20.

Zhibao Technology Stock Up 21.9 %

The firm has a fifty day moving average of $1.58 and a two-hundred day moving average of $2.79.

Zhibao Technology Company Profile

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Zhibao Technology Inc, through its subsidiaries, provides digital insurance brokerage services in China. It also offers managing general underwriter services; and offline insurance brokerage consulting services. The company was founded in 2015 and is based in Shanghai, China.

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