UCAR Stock Surges Over 8% Amidst Volatile Market Conditions

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3 days ago

UCAR (UCAR, Financial) experienced significant stock movement with an 8.13% surge. The stock currently trades at $7.18, with a trading volume of 6,468 shares and a turnover rate of 0.19%. The stock's volatility is noted at 2.86%.

According to the latest financial reports, UCAR has recorded a revenue of $1.83 million but posted a net loss of $3.26 million, translating to an earnings per share (EPS) of -$1.03. The gross profit stands at -$575,411.08, and the price-to-earnings (P/E) ratio is -3.01. Currently, there are no institutional ratings available for UCAR.

Within the automotive retail industry, UCAR was among the top gainers despite the sector's overall decline of 1.33%. Other prominent performers include Jiuzixineng and Suncar Technology. Meanwhile, Kaixin Auto, Cheetah Net, and Vroom are showing significant trading activity.

UCAR Limited primarily focuses on the development and sales of new energy vehicles and battery services. It operates as an intermediary between wholesalers and small and medium-sized car dealers, along with individual customers, especially within China's smaller cities.

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.