YGMZ (Yang Ming Marine Transport Corp) stock experienced a significant drop of 7.94%. The share price is now at $1.16, with a trading volume of 17,354 shares and a turnover rate of 0.36%. The stock's price fluctuation amplitude stands at 3.17%.
Recent financial reports indicate that YGMZ posted $89 million in revenue, with a net profit of $365,091. The earnings per share stand at -$0.08, and the gross profit reached $3.07 million, resulting in a negative price-to-earnings ratio of -0.40. As of now, no institutions have issued buy, hold, or sell ratings for YGMZ.
Within the freight transportation industry, where YGMZ operates, the overall growth was 1.55%. In comparison, other stocks like Saia, Inc., Rxo, Inc., and Old Dominion Freight Line, Inc. have experienced notable gains. The active trading companies, including YGMZ, Saia, Inc., and Knight-Swift Transportation Holdings Inc., showed turnover rates of 0.60%, 0.48%, and 0.47% respectively. Stocks with higher price volatility include YGMZ with a fluctuation of 7.94%, followed by Arcbest Corporation and Rxo, Inc. with 3.17% and 3.04%, respectively.
YGMZ is a holding company primarily engaged in truck transportation services and owner services, as well as the distribution of alcoholic beverages. Its truck transportation segment generates the majority of its revenue.
