170,123 Shares in Maase Inc. $MAAS Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Maase Inc. (NASDAQ:MAAS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 170,123 shares of the company’s stock, valued at approximately $2,780,000. Mirae Asset Global Investments Co. Ltd. owned about 1.07% of Maase as of its most recent SEC filing.

Maase Stock Performance

NASDAQ MAAS traded down $0.39 during trading hours on Friday, reaching $10.19. 75,999 shares of the company were exchanged, compared to its average volume of 72,237. Maase Inc. has a 1 year low of $3.52 and a 1 year high of $24.90. The business’s 50 day simple moving average is $14.01 and its 200-day simple moving average is $11.66.

Maase (NASDAQ:MAAS) last posted its quarterly earnings data on Monday, October 26th. The company reported $0.64 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Maase from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Maase currently has an average rating of “Sell”.

About Maase

Maase Inc operates as an integrated provider and operator of an artificial intelligence AI-centric full-scene digital systems. The company focuses on areas of flexible energy deployment and intelligent commercial network operation, and provide closed-loop solutions from computing infrastructure, smart hardware and full-scene services, aiming to achieve large-scale implementation of AI technologies across industries. The company was founded in 2010 and is based in Chengdu, China.