The stock of Senmiao Technology Limited (NASDAQ:AIHS) saw a significant increase of 4.7% during Friday’s trading session. The shares reached a high of $0.85 and closed at the same price, marking a decline of 81% from the average daily volume of 27,151 shares. The previous closing price was $0.81.
With a market cap of $8.13 million, a PE ratio of -1.89, and a beta of 0.77, Senmiao Technology operates in the automobile transaction and related services business in China. The company’s 50-day moving average price stands at $0.85, while the two-hundred day moving average price is $0.68. It has a debt-to-equity ratio of 0.06, a current ratio of 0.93, and a quick ratio of 0.93.
Senmiao Technology Limited operates two segments – Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. The company provides car rental services to individual customers and offers auto finance solutions through financing leases. If you want to stay updated on news and ratings for Senmiao Technology, you can sign up to receive a daily email newsletter from MarketBeat
