Mogu Inc. (MOGU, Financial) experienced a significant stock price increase of 6.06%, with shares reaching $2.10. The trading volume was 3,116 shares, reflecting a turnover rate of 0.04% and a price fluctuation of 3.03%. This rise comes amidst its recent financial report, which revealed revenue of $22.36 million, a net loss of $8.27 million, and an earnings per share (EPS) of -$0.95. The gross profit stood at $9.38 million, with a price-to-earnings (P/E) ratio of -2.48.
Currently, there are no institutional recommendations for buying, holding, or selling MOGU stock. Within the internet retail sector, where Mogu Inc. operates, the overall stock increase was 1.20%. Notably, stocks like Hour Loop, Inc., LightInTheBox, and Coupang showed substantial gains. Meanwhile, Webuy Global Ltd., Jeffs' Brands Ltd., and Fengxiong displayed high activity levels, with turnover rates of 7.57%, 4.71%, and 3.11%, respectively. Hour Loop, Inc., Webuy Global Ltd., and Natural Health Trends Corp. exhibited considerable price volatility at 44.64%, 12.73%, and 11.11%, respectively.
Founded in China, Mogu Inc. is an online fashion lifestyle platform comprising Mogujie, Mogucollege, and Meilishuo. The company offers a vibrant shopping experience enriched with fashion trends and lifestyle content, including live video broadcasts, short videos, photography, and an online review community. Mogu generates revenue within China through online marketing, commissions, financing, and technology services, catering to merchants, users, and brand owners.
