Jiuzi Holdings, Inc. (JZXN, Financial), recorded a significant drop in its stock price, falling by 6.25%. The stock is currently trading at $1.50 with a volume of 7,944 shares, indicating a turnover rate of 0.08% and a volatility of 10.54%.
The latest financial reports reveal an operating revenue of $2.28 million, a net loss of $15.88 million, negative earnings per share of $0.12, and a gross loss of $42,570. The price-to-earnings ratio stands at 0.12. At present, there are no institutional ratings recommending a buy, hold, or sell for this stock.
Within the automotive retail sector, where Jiuzi Holdings operates, there is an overall increase of 6.70%. Notable stock performances in this category include Carvana Co., Mister Car Wash, Inc., and Cango Inc. Active stocks like Kaixin Auto, Camping World, and Carvana Co. show notable turnover rates, with Cheetah Net Supply Chain Service Inc., Carvana Co., and Jiuzi Holdings experiencing significant price swings.
Jiuzi Holdings focuses on selling new energy vehicles in China's smaller cities and offers plug-in electric vehicles tailored to customer preferences. The company's primary revenue stream is from its new energy vehicle segment, operating mainly within China.
