U-BX Technology Ltd. (NASDAQ:MF – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 2,071 shares, a drop of 81.9% from the September 30th total of 11,424 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 92,327 shares, the short-interest ratio is presently 0.0 days.
U-BX Technology Trading Down 30.2%
Shares of MF stock traded down $2.53 on Wednesday, hitting $5.84. The company’s stock had a trading volume of 87,255 shares, compared to its average volume of 451,503. The stock’s 50 day moving average is $13.21 and its 200-day moving average is $26.87. U-BX Technology has a fifty-two week low of $2.12 and a fifty-two week high of $83.50.
U-BX Technology (NASDAQ:MF – Get Free Report) last released its quarterly earnings results on Monday, October 26th. The company reported ($10.15) EPS for the quarter. The company had revenue of $1.60 million for the quarter.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Wall Street Zen raised U-BX Technology from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 18th. Weiss Ratings restated a “sell (e+)” rating on shares of U-BX Technology in a report on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, U-BX Technology currently has a consensus rating of “Sell”.
Check Out Our Latest Report on MF
About U-BX Technology
U-BX Technology is a China-based insurance technology company that develops and operates an artificial intelligence-powered platform for the insurance industry. The company’s technology is designed to connect insurance providers, brokers, agents and customers through digital tools and data-driven services.
Its business activities include providing insurance-related products and services, with offerings reported to include auto insurance, health insurance and life insurance. The platform is intended to support the distribution and management of insurance products while helping industry participants improve customer engagement and operating efficiency.
U-BX Technology was established in 2015 and is based in Hangzhou, China.
Further Reading
- Five stocks we like better than U-BX Technology
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for U-BX Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U-BX Technology and related companies with MarketBeat.com's FREE daily email newsletter.
