The stock of TIRX experienced a significant increase of 8.25%. The stock was priced at $2.10 with a trading volume of 90,438 shares and a turnover rate of 3.79%. The price volatility reached 7.21% during this period.
In its recent financial report, TIRX posted revenue of $178,345, with a net loss of $2.61 million and earnings per share of -$2.68. The company currently does not have a price-to-earnings ratio or gross profit data available, and no institutional ratings for buy, hold, or sell have been issued.
Within the insurance sector, which saw an overall decline of 0.81%, TIRX stood out among its peers. Root, Inc., Crawford A, and Fundamental Global Inc. saw notable gains, with TIRX, Skyward Specialty Insurance Group, Inc., and Root, Inc. showing high activity levels. Particularly volatile stocks included Oxbridge Re Holdings Limited, TIRX, and Root, Inc., with respective fluctuations of 9.44%, 7.21%, and 6.91%.
TIRX, known officially as Tian Ruixiang Holdings Ltd., operates as an insurance brokerage firm. It offers a wide array of insurance products, comprising property insurance—such as commercial property, liability, accident, and auto insurance—and other types including health, life, and miscellaneous insurance. Additionally, the company generates a minor portion of its revenue from risk management services by facilitating insurance brokerage services for its clients.
