BIMI Stock Surges Amid High Volatility in OTC Market

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Dec 03, 2024

The stock of BIMI International Medical Inc. (BIMI, Financial) saw a significant increase of 13.33% in the OTC market. The stock is currently priced at $0.009 per share with a trading volume of 773 shares, reflecting a turnover rate of 0.01% and a price fluctuation of 13.33%.

According to recent financial reports, BIMI recorded a revenue of $2.52 million and a net loss of $3.01 million, resulting in an earnings per share of -$0.49. The gross profit stood at $115,155, and the price-to-earnings ratio was not applicable. Currently, no institutional ratings are available for this stock.

Within the pharmaceutical retail sector of the OTC market, which experienced an overall decline of 0.44%, stocks such as Petmed Express, Inc., High Tide Inc., and Scienture Holdings, Inc. showed notable gains. High Tide Inc., Walgreens Boots Alliance, and Petmed Express, Inc. were particularly active, while Scienture Holdings, Inc. exhibited the highest price volatility.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.