Shares of XChange TEC.INC. Sponsored ADR (NASDAQ:XHG – Get Free Report) dropped 0.2% on Friday . The stock traded as low as $0.86 and last traded at $0.88. Approximately 4,107 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 7,313 shares. The stock had previously closed at $0.8817.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of XChange TEC.INC. in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on XChange TEC.INC.
XChange TEC.INC. Trading Down 0.2%
XChange TEC.INC. Company Profile
XChange TEC.INC engages in the professional insurance agency business in the People’s Republic of China. The company provides a various insurance products underwritten by insurance companies, including state-owned property and casualty insurance companies, as well as various regional property and casualty insurance companies. It also offers automobile, life, health, group accident, and other property related insurances primarily to individual end consumers. In addition, the company operates a SaaS platform to offer comprehensive services to online customers.
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