TIRX stock recently experienced a significant drop of 5.13%, bringing the share price down to $1.85. The trading volume was 4,032 shares, with a turnover rate of 0.17% and a price fluctuation of 2.82%. The latest earnings report shows the company generated revenue of $178,345, with a net loss of $2.61 million and a negative EPS of $2.68. The price-to-earnings ratio stands at -0.40, and there are currently no institutional ratings suggesting a buy, hold, or sell recommendation for TIRX.
The insurance sector as a whole saw a slight decline of 0.09%. Within the sector, Oxbridge Re Holdings Limited, MBIA, and Reliance Global Group, Inc. showed notable gains. Meanwhile, Reliance Global Group, Inc., Jinshi Insurance, and Heritage Insurance Holdings, Inc. were among the most actively traded, with turnover rates of 1.87%, 1.06%, and 0.71%, respectively. Stocks with significant volatility included Oxbridge Re Holdings Limited, Citizens Insurance, and Reliance Global Group, Inc., with price fluctuations of 15.56%, 9.26%, and 8.49%.
Tian Ruixiang Holdings Ltd. is an insurance brokerage firm offering a wide range of insurance products, including property insurance like commercial, liability, accident, and auto insurance, as well as health, life, and miscellaneous insurance. The company also earns a small amount of income from risk management services and acts as an intermediary between clients and insurance companies, generating revenue through its brokerage services.
