Chijet Motor Company, Inc. (NASDAQ:DCX – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 63,500 shares, a decline of 51.7% from the September 30th total of 131,514 shares. Currently, 529.2% of the company’s stock are short sold. Based on an average daily volume of 1,302,906 shares, the days-to-cover ratio is presently 0.0 days.
Chijet Motor Price Performance
NASDAQ:DCX traded down $0.01 during midday trading on Friday, hitting $1.18. 48,062 shares of the company were exchanged, compared to its average volume of 808,263. Chijet Motor has a fifty-two week low of $1.10 and a fifty-two week high of $11,020.80. The company has a fifty day simple moving average of $42.81 and a 200 day simple moving average of $254.38.
Chijet Motor (NASDAQ:DCX – Get Free Report) last released its quarterly earnings data on Friday, September 18th. The company reported $266.40 earnings per share (EPS) for the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings raised Chijet Motor from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Chijet Motor presently has an average rating of “Sell”.
View Our Latest Research Report on Chijet Motor
About Chijet Motor
Chijet Motor Company, Inc (NASDAQ:DCX) is an automotive company focused on the development, manufacture and sale of new-energy vehicles and conventional automobiles. Its business activities include vehicle research and development, production, sales and related mobility services.
The company has described its product focus as including passenger vehicles, commercial vehicles and electric vehicles, with an emphasis on combining electrification, intelligent vehicle technologies and transportation services.
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