Senmiao Technology (NASDAQ:AIHS) Raised to Hold at Wall Street Zen

Senmiao Technology (NASDAQ:AIHS) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Senmiao Technology in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Senmiao Technology Stock Down 7.7%

NASDAQ:AIHS opened at $2.03 on Friday. The firm has a market capitalization of $2.25 million, a price-to-earnings ratio of -0.63 and a beta of 0.90. Senmiao Technology has a twelve month low of $1.84 and a twelve month high of $17.00. The stock’s 50 day moving average price is $2.33 and its two-hundred day moving average price is $5.32.

Senmiao Technology (NASDAQ:AIHS) last posted its quarterly earnings results on Tuesday, August 19th. The company reported ($0.15) earnings per share for the quarter. The company had revenue of $0.86 million for the quarter. Senmiao Technology had a negative return on equity of 211.61% and a negative net margin of 95.43%.

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.