Ucommune International Ltd. (NASDAQ:UK – Get Free Report) shares crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $2.02 and traded as low as $1.7850. Ucommune International shares last traded at $1.81, with a volume of 3,201 shares traded.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Ucommune International in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.
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Ucommune International Stock Performance
About Ucommune International
Ucommune International Ltd. is a flexible-workspace provider that operates coworking and shared office facilities under the Ucommune brand. Its offerings have included private offices, shared workstations, meeting and conference rooms, virtual offices, event spaces, and related business services designed for startups, entrepreneurs, small businesses, and corporate customers.
The company was founded in China in 2015 by Mao Daqing and was originally known as UR Work before adopting the Ucommune name.
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