LZ Technology (NASDAQ:LZMH) Trading 12.7% Higher – Should You Buy?

LZ Technology Holdings Ltd (NASDAQ:LZMHGet Free Report)’s stock price rose 12.7% during trading on Tuesday . The stock traded as high as $7.92 and last traded at $7.79. Approximately 63,523 shares changed hands during trading, a decline of 87% from the average daily volume of 497,824 shares. The stock had previously closed at $6.91.

LZ Technology Price Performance

About LZ Technology

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As a holding company with no material operations of its own, LZ Technology conducts its operations through its operating entities formed in the PRC, primarily Lianzhang Portal and its subsidiaries. For the years ended December 31, 2022 and 2023, the Company had a total of 247 and 255 customers, respectively, who entered into contracts with the Company to purchase the Company’s products and services.

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