Chijet Motor (NASDAQ:DCX – Get Free Report) issued its earnings results on Friday. The company reported $1.67 earnings per share for the quarter, reports.
Chijet Motor Trading Down 69.9%
NASDAQ:DCX opened at $0.13 on Friday. Chijet Motor has a one year low of $0.11 and a one year high of $609.60. The firm’s fifty day moving average price is $0.80 and its two-hundred day moving average price is $1.55.
Insider Transactions at Chijet Motor
In related news, CEO Melissa N. Chen acquired 41,000 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was purchased at an average cost of $1.25 per share, for a total transaction of $51,250.00. Following the completion of the transaction, the chief executive officer directly owned 41,000 shares of the company’s stock, valued at approximately $51,250. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 22.04% of the stock is owned by company insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Chijet Motor
About Chijet Motor
Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.
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