JZ Experiences Significant Drop in Stock Value Amidst Market Fluctuations

Author's Avatar
Nov 04, 2024

Jianzhi Education Technology Group (JZ, Financial) recently saw its stock price plummet by 6.21%. The shares are now trading at $0.891 with a volume of 9,162 shares and a turnover rate of 0.05%, showing a volatility rate of 11.47%. The education services sector, in which Jianzhi operates, has collectively increased by 0.59%.

Financial reports reveal that Jianzhi Education (JZ, Financial) generated a revenue of $29.01 million with a net profit of $3.75 million. The earnings per share stand at $0.19, with a gross profit of $5.77 million. The company's price-to-earnings ratio is currently -0.51, and there are no institutional ratings suggesting a buy, hold, or sell for the stock.

In related market movements, stocks such as Chegg, Inc., and other companies experienced notable increases. Chegg, Inc. also showed significant activity with a turnover rate of 2.05% and a volatility of 12.58%.

Jianzhi Education is dedicated to developing educational content to meet China's demand for high-quality vocational training resources. The company generates subscription revenue through B2B2C and B2C models, with platforms like SenTu Academy and Fish Learning offering educational content.

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.