Senmiao Technology (NASDAQ:AIHS) Trading Up 1.5% – Still a Buy?

Senmiao Technology Limited (NASDAQ:AIHSGet Free Report) was up 1.5% during mid-day trading on Friday . The stock traded as high as $0.32 and last traded at $0.31. Approximately 209,797 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 377,537 shares. The stock had previously closed at $0.31.

Senmiao Technology Price Performance

The firm has a market capitalization of $3.31 million, a P/E ratio of -0.98 and a beta of 0.60. The stock’s 50 day moving average is $0.71 and its two-hundred day moving average is $0.84.

Senmiao Technology Company Profile

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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.

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