Shares of Maase Inc. (NASDAQ:MAAS – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.61 and traded as low as $10.99. Maase shares last traded at $11.1260, with a volume of 128,724 shares.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Maase in a research note on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.
Check Out Our Latest Stock Report on Maase
Maase Stock Performance
The business’s 50-day simple moving average is $14.23 and its 200-day simple moving average is $11.61.
Maase (NASDAQ:MAAS – Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The company reported $0.64 EPS for the quarter.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Maase stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Maase Inc. (NASDAQ:MAAS – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 170,123 shares of the company’s stock, valued at approximately $2,780,000. Mirae Asset Global Investments Co. Ltd. owned 1.07% of Maase as of its most recent filing with the Securities and Exchange Commission.
Maase Company Profile
Maase Inc operates as an integrated provider and operator of an artificial intelligence AI-centric full-scene digital systems. The company focuses on areas of flexible energy deployment and intelligent commercial network operation, and provide closed-loop solutions from computing infrastructure, smart hardware and full-scene services, aiming to achieve large-scale implementation of AI technologies across industries. The company was founded in 2010 and is based in Chengdu, China.
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