UCAR (UCAR, Financial) experienced a significant drop, falling 5.11% to $6.80 per share. The trading volume reached 4,588 shares, with a turnover rate of 0.14% and a price fluctuation of 2.44%. Recent financial reports indicate that UCAR reported a revenue of $2.79 million and a net loss of $2.73 million, translating to an earnings per share of -$2.20. The company's gross profit was $542,834.79, and its price-to-earnings ratio stands at -3.19. Currently, no institutions have issued buy, hold, or sell ratings for the stock.
Within the automotive retail industry, where UCAR operates, there was an overall decline of 1.36%. In contrast, stocks such as Cheetah Net Supply Chain Service Inc., Kaixin Auto, and Huifu Financial Services saw significant increases. Kaixin Auto and Cheetah Net also showed high trading activity, with turnover rates of 219.72% and 11.89%, respectively. Other stocks exhibiting notable volatility included Kaixin Auto, Suncar Technology Group Inc, and Cheetah Net, with price fluctuations of 54.19%, 22.97%, and 13.61%, respectively.
UCAR provides vehicle procurement services, focusing on the development and sales of new energy vehicles, production and sales of battery replacement stations, and offering battery replacement and procurement services. The company acts as an intermediary in vehicle sales between car wholesalers and small to medium-sized auto dealers and individual customers, especially those in lower-tier cities in China.
