TIRX Stock Surges 6.34% Amid Market Volatility

Shares of Tian Ruixiang Holdings Ltd (TIRX, Financial) experienced significant movement, rising by 6.34%. The stock was priced at $2.18 per share with a trading volume of 52,979 shares and a turnover rate of 2.22%.

Recent financial reports show that TIRX recorded a revenue of $178,345, but a net loss of $2.61 million, resulting in an earnings per share (EPS) of -$2.68. The company’s price-to-earnings (P/E) ratio stands at -0.45. Currently, there are no ratings from institutions recommending the stock as a buy, hold, or sell.

Within the insurance sector, the overall decline was 0.02%. Notable gainers included Selectquote, Inc., Fanhua Inc., and Reliance Global Group, Inc. Additionally, TIRX, along with Reliance Global Group, Inc. and Heritage Insurance Holdings, Inc., showed high activity with turnover rates of 80.97%, 4.49%, and 2.22% respectively. The most volatile stocks were Reliance Global Group Inc C/Wts 01/02/2026 (To Pur Com), Heritage Insurance Holdings, Inc., and Selectquote, Inc., with amplitude movements of 96.55%, 18.48%, and 15.63% respectively.

Tian Ruixiang Holdings Ltd is an insurance brokerage that distributes a broad range of insurance products. These include property insurance (commercial property, liability, accident, automobile) and other insurance types such as health, life, and miscellaneous insurance. The company also generates a small portion of its revenue through risk management services, by negotiating insurance policies on behalf of its clients with insurance providers.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.