ZBAO Stock Summary and Trading Ideas (Zhibao Technology - Class A | NASDAQ:ZBAO)

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which They pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology - Class A trades on the NASDAQ stock market under the symbol ZBAO.

As of May 7, 2024, ZBAO stock price climbed to $3.55 with 11,664 million shares trading.

ZBAO has a market cap of $111.83 million. This is considered a Micro Cap stock.

ZBAO support price is $3.30 and resistance is $3.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZBAO stock will trade within this expected range on the day.