Mogu Inc. (MOGU, Financial), a Chinese online fashion and lifestyle platform, experienced a significant stock price decline of 5.34%, bringing the share price to $1.93. The trading volume was 832 shares, with a turnover rate of 0.01% and a volatility of 7.85%.
The recent financial report for Mogu Inc. shows a 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 -2.58.
Currently, no institutional ratings are available for Mogu Inc. The internet retail sector, where Mogu operates, saw an overall decline of 1.84%. Within this sector, Ipower Inc., Solo Brands, Inc., and Nft Limited recorded notable gains. Meanwhile, Jeffs' Brands Ltd, Webuy Global Ltd., and Beyond, Inc. showed significant trading activity with turnover rates of 36.28%, 3.59%, and 3.47%, respectively. Stocks with high volatility included Jeffs Brands Ltd C/Wts (To Pur Com), Jeffs' Brands Ltd, and Ipower Inc., with volatilities of 62.38%, 21.43%, and 17.46% respectively.
Mogu Inc. operates platforms such as Mogujie and Meilishuo, offering multimedia content related to fashion and lifestyle, including live video streaming, short videos, photography, and online communities. The company generates revenue domestically in China through online marketing, commissions, financing, technology services, and other related services for merchants and users.
