• Tue. Jul 2nd, 2024

Senmiao Technology (NASDAQ:AIHS) Reports Quarterly Earnings

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Jun 29, 2024

Senmiao Technology, a company listed on NASDAQ under the ticker symbol AIHS, recently released its quarterly earnings report. The company reported a loss of $0.14 per share for the quarter, with revenue totaling $1.27 million. Additionally, Senmiao Technology experienced a negative net margin of 50.42% and a negative return on equity of 53.30%.

The stock performance of Senmiao Technology saw shares open at $1.03 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93, and a quick ratio of 0.93. With a market cap of $9.81 million, the stock has a price-to-earnings ratio of -2.28 and a beta of 0.83. The stock’s 50-day and 200-day moving averages are $0.88 and $0.76, respectively. Senmiao Technology’s stock has traded at a low of $0.20 and a high of $1.23 over the past year.

Senmiao Technology Limited is engaged in the automobile transaction and related services business in China. The company has two segments – Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. Senmiao Technology offers car rental services to individual customers and provides auto finance solutions through financing leases.

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