Senmiao Technology (NASDAQ:AIHS) Earns Sell (E+) Rating from Weiss Ratings

Senmiao Technology (NASDAQ:AIHS)‘s stock had its “sell (e+)” rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Senmiao Technology Price Performance

Shares of AIHS stock opened at $2.20 on Wednesday. The firm has a market cap of $2.44 million, a P/E ratio of -0.69 and a beta of 0.90. Senmiao Technology has a 1-year low of $1.84 and a 1-year high of $17.00. The firm’s 50-day simple moving average is $2.34 and its 200-day simple moving average is $5.43.

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