Ucommune International Ltd. (UK, Financial), a provider of flexible office spaces, experienced a notable stock decline of 5.15%. The stock is currently trading at $1.29 per share with a trading volume of 97,268 shares and a turnover rate of 6.76%. The stock's price fluctuation recorded an amplitude of 8.09%.
The company's latest financial report reveals a revenue of $16.48 million, but a net loss of $6.95 million, resulting in negative earnings per share of $8.61. Gross profit stood at a negative $282,023.49, with a price-to-earnings ratio of -0.78. Currently, no institutional ratings are available for a buy, hold, or sell recommendation for the stock.
Within the real estate sector, to which Ucommune belongs, the overall decline is 0.17%. Other related stocks showing significant activity include Datasea Inc., Xinyuan Real Estate Co., and Comstock Holding Companies, Inc., with Datasea and Ucommune showing high turnover rates of 45.41% and 6.76% respectively. Stocks with notably high price volatility include Datasea with a 57.92% amplitude and Comstock Holding with 20.77%.
Ucommune International Ltd. is headquartered in China and offers flexible workspace solutions for freelancers, startups, SMEs, and corporations. Members can leverage these spaces through long-term, on-demand, and short-term rentals. The company's main revenue is generated from marketing and branding services.
