UCAR (UCAR, Financial) saw its stock price rise significantly by 6.52%, reaching $8.50 per share, with a trading volume of 10,568 shares and a turnover rate of 0.31%. The stock experienced a price fluctuation of 4.39%.
Recent financial reports for UCAR indicate an operating revenue of $1.83 million and a net loss of $3.26 million. The earnings per share (EPS) stand at -$1.03, with a gross profit of -$575,411.08, resulting in a price-to-earnings (P/E) ratio of -3.72. Currently, there are no institutional ratings providing "buy, hold, or sell" recommendations for this stock.
In the broader context of the automotive retail sector, where UCAR operates, the industry has seen an overall increase of 1.50%. Notable stock performers in related segments include Kaixin Auto, RumbleON, Inc., and Camping World, with appreciable gains. Kaixin Auto, Cheetah Net Supply Chain Service Inc., and Camping World have been particularly active, registering turnover rates of 146.64%, 4.02%, and 2.05%, respectively. Kaixin Auto, Zhongchi Chefu, and Cheetah Net Supply Chain Service Inc. have shown significant volatility, with fluctuations of 40.36%, 19.15%, and 12.22%.
UCAR Limited is engaged in providing vehicle procurement services, focusing on the development and sale of new energy vehicles, production, and sales of battery replacement stations, as well as battery replacement and procurement services. The company acts as a middleman between automotive wholesalers and smaller dealerships or individual clients, particularly in China's lower-tier cities.
