The stock of Ambow Education Holding Ltd. (ATXG, Financial) experienced a notable surge, climbing 6.50%. The stock is currently priced at $0.588 per share, with a trading volume of 1,889 shares, a turnover rate of 0.03%, and a price fluctuation of 6.43%.
Recent financial reports reveal that Ambow Education Holding Ltd. generated a revenue of $1.34 million, with a net loss of $721,532, translating to an earnings per share (EPS) of -$0.13. The gross profit stood at $328,641, and the price-to-earnings (P/E) ratio was -0.84. Currently, there are no institutional ratings suggesting a "buy," "hold," or "sell" recommendation for this stock.
Within the transportation and logistics sector, where Ambow Education Holding Ltd. operates, the overall decline was 0.99%. Notable gainers in this sector included Lakeside Holding Limited, Ambow Education Holding Ltd., and Freightos Limited. Meanwhile, Hub Group, Inc., Singularity Future Technology, and Armlogi Holding Corp. showed significant activity with turnover rates of 1.36%, 1.14%, and 0.88%, respectively. Stocks with notable price fluctuations included Lakeside Holding Limited, Flash Express, and Armlogi Holding Corp., with amplitudes of 19.91%, 15.09%, and 12.09% respectively.
Ambow Education Holding Ltd. is an investment holding company with subsidiaries operating in various sectors including apparel manufacturing, logistics services, and property management and subleasing. Its logistics services division, which contributes the most revenue, offers a range of services such as storage, transportation, warehousing, handling, packaging, and order processing. The company also provides customs declaration and clearance services for clients exporting goods overseas. All of the company's revenue is generated from China.
