Maase (NASDAQ:MAAS) Shares Down 5.3% – What’s Next?

Maase Inc. – Sponsored ADR (NASDAQ:MAASGet Free Report) traded down 5.3% on Wednesday . The stock traded as low as $18.00 and last traded at $18.48. Approximately 34,065 shares were traded during trading, a decline of 69% from the average session volume of 111,008 shares. The stock had previously closed at $19.51.

Analyst Ratings Changes

Several research analysts have recently commented on MAAS shares. Wall Street Zen raised Maase to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings began coverage on Maase in a report on Monday, June 29th. They issued a “sell (d)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Report on MAAS

Maase Price Performance

The firm’s fifty day moving average price is $15.60 and its 200-day moving average price is $10.11.

Maase (NASDAQ:MAASGet Free Report) last posted its earnings results on Wednesday, June 24th. The company reported ($64.61) earnings per share for the quarter. The business had revenue of $0.22 million during the quarter.

About Maase

(Get Free Report)

Puyi Inc provides third-party wealth management services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also provides asset management services that include managing fund of funds and non-performing loan funds; and corporate financing services. Puyi Inc was incorporated in 2018 and is headquartered in Guangzhou, China.

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