IZM Stock Dives Over 5% Amid Volatile Trading

Author's Avatar
3 days ago

IZM (IZM, Financial) experienced a significant stock price drop of 5.08%, trading at $2.80 per share with a volume of 42,780 shares and a turnover rate of 0.39%. The stock's volatility stood at 4.75%.

The company's recent financial report showed a revenue of $87.72 million, a net loss of $721,745, earnings per share (EPS) of -$0.07, and a gross profit of $2.19 million, with a price-to-earnings (P/E) ratio of 284.85. Currently, no institutions have issued buy, hold, or sell ratings for IZM.

Within the electronic product distribution industry, the sector saw a modest increase of 0.44%. Notable performers included Climb Global Solutions, Inc., Xinjusi, and Taitron Components Incorporated. Active stocks with high turnover in the sector were Climb Global Solutions, Inc. (1.03%), IZM (0.41%), and Scansource, Inc. (0.23%). Additionally, stocks showing large price swings included Climb Global Solutions, Inc. (6.51%), IZM (5.08%), and Xinjusi (2.22%).

IZM is based in Shenzhen, China, and focuses on selling electronic components primarily to small and medium-sized enterprises in sectors such as consumer electronics, IoT, automotive electronics, and industrial control. Apart from product sales, IZM offers temporary warehousing, logistics, and customs clearance services.

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.