Senmiao Technology (NASDAQ: AIHS) recently announced its quarterly earnings report, showing a loss of $0.14 per share for the period ending September 30, 2021. The company’s revenue for the quarter was $1.27 million, resulting in a negative net margin of 50.42% and a negative return on equity of 53.30%.
In terms of stock performance, shares of Senmiao Technology opened at $1.03 on Friday, with a debt-to-equity ratio of 0.06 and a current ratio and quick ratio of 0.93. The company has a market cap of $9.81 million, with a price-to-earnings ratio of -2.28 and a beta of 0.83. The stock’s 50-day moving average is $0.88 and its 200-day moving average is $0.76, with a one-year low of $0.20 and a high of $1.23 as of the end of the quarter under review.
Senmiao Technology Limited operates in the automobile transaction and related services business in China, providing car rental services to individual customers as well as auto finance solutions through financing leases.
The company has two segments: Automobile Transaction and Related Services, which includes car rental services to individual customers as well as auto finance solutions through financing leases; and Online Ride-Hailing Platform Services which provides ride hailing platform services to individuals in China.
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