Senmiao Technology (NASDAQ:AIHS) Shares Down 2.4%

Senmiao Technology Limited (NASDAQ:AIHS)’s stock price dropped 2.4% during trading on Tuesday . The company traded as low as $0.80 and last traded at $0.80. Approximately 3,400 shares changed hands during trading, a decline of 88% from the average daily volume of 29,345 shares. The stock had previously closed at $0.82.

Senmiao Technology Stock Down 2.4 %

The company has a market cap of $7.66 million, a P/E ratio of -1.78 and a beta of 0.77. The company’s 50-day moving average is $0.91 and its two-hundred day moving average is $0.61. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.93.

Senmiao Technology (NASDAQ:AIHS) last issued its earnings results on Friday, February 9th. The company reported ($0.10) EPS for the quarter. Senmiao Technology had a negative net margin of 50.42% and a negative return on equity of 53.30%. The business had revenue of $1.62 million for the quarter.

Senmiao Technology Company Profile

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. It operates through two segments, Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. The company offers car rental services to individual customers; and auto finance solutions through financing leases.