As of 2:06 PM EST on September 27, 2024, stock of MingZhu Logistics (YGMZ, Financial) saw a significant increase of 5.04%. The stock is now trading at $1.25 per share, with a trading volume of 20,372 shares and a turnover rate of 0.43%. The stock's amplitude stands at 4.86%.
Recent financial reports show MingZhu Logistics generated revenue of $89.00 million, net income of $365,091, and an earnings per share (EPS) of -$0.08. The gross profit is reported to be $3.07 million with a price-to-earnings (P/E) ratio of -0.38.
Currently, no institutional ratings are available for MingZhu Logistics regarding buy, hold, or sell recommendations.
The freight industry, where MingZhu Logistics operates, has seen an overall increase of 0.59%. Among notable performers, MingZhu Logistics, Werner Enterprises, and Knight-Swift Transportation Holdings Inc. have shown significant gains. Knight-Swift Transportation Holdings Inc., Werner Enterprises, and Arcbest Corporation are among the most active stocks with turnover rates of 0.80%, 0.70%, and 0.62%, respectively. Stocks with high amplitude in the sector include MingZhu Logistics at 9.06%, Saia, Inc. at 4.40%, and Marten Transport at 4.37%.
MingZhu Logistics Holding Limited is a holding company focused on truckload transportation services and owner-operator services. Its business segments include truckload transportation, owner-operator services, and liquor distribution, with a major portion of its revenue coming from the truckload transportation segment.
