XChange TEC.INC. (NASDAQ:XHG) Shares Down 0.2% – Here’s What Happened

XChange TEC.INC. Sponsored ADR (NASDAQ:XHGGet Free Report)’s share price was down 0.2% during trading on Friday . The company traded as low as $0.86 and last traded at $0.88. Approximately 4,107 shares changed hands during trading, a decline of 44% from the average daily volume of 7,313 shares. The stock had previously closed at $0.8817.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of XChange TEC.INC. in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

View Our Latest Stock Analysis on XHG

XChange TEC.INC. Trading Down 0.2%

The stock has a 50-day moving average price of $0.93 and a 200 day moving average price of $1.11.

About XChange TEC.INC.

(Get Free Report)

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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