Jiuzi Holdings (JZXN, Financial) recently witnessed a significant stock drop of 5.70%, bringing its price down to $1.49 per share. The trading volume stood at 11,948 shares, with a turnover rate of 0.11% and a fluctuation of 5.06%. The company's latest financial report shows an operating revenue of $2.28 million, a net loss of $15.88 million, and earnings per share of -$0.12, with a gross profit of -$42,570. Its price-to-earnings ratio is 0.11. Currently, there are no institutional recommendations for buying, holding, or selling this stock.
In the auto retail sector, where Jiuzi Holdings belongs, the overall growth was 1.09%. Notable performers in the sector included Uxin, Suncar Technology Group, and Rumbleon. Active stocks in the sector were Kaixin Auto, Cheetah Net Supply Chain Service, and Uxin, with turnover rates of 82.88%, 3.12%, and 3.04%, respectively. Stocks with significant volatility included Kaixin Auto, Uxin, and Suncar Technology Group, with fluctuations of 36.68%, 31.15%, and 24.46%, respectively.
Jiuzi Holdings operates under the Jiuzi brand, focusing on the sale of new energy vehicles in China's third and fourth-tier cities. The company caters to consumer demand by also selling plug-in electric vehicles. Its main revenue stream comes from the new energy vehicle segment, and it primarily operates within China.
