In recent market activity, MingZhu Logistics Holdings (YGMZ, Financial) saw a significant stock price increase of 7.24%, reaching $1.33 per share. The trading volume was 34,650 shares, with a turnover rate of 0.52% and a price amplitude of 4.03%.
According to its latest financial report, MingZhu Logistics reported a revenue of $89 million and a net profit of $365,091, with an earnings per share (EPS) of -$0.08. The company's gross profit was $3.07 million, resulting in a price-to-earnings (P/E) ratio of -0.42. Currently, no institutional ratings or recommendations are available for the stock.
In the broader freight industry, where MingZhu Logistics operates, the sector experienced an overall increase of 1.44%. Other notable gainers in the sector include Arcbest Corporation and Global Logistic Properties. Active stocks in the sector included XPO Logistics, MingZhu Logistics, and Knight-Swift Transportation Holdings Inc., with turnover rates of 0.80%, 0.52%, and 0.41%, respectively.
MingZhu Logistics Holdings is a company engaged in providing truckload and owner-operator services, with business segments in truck transportation, owner services, and liquor distribution. The majority of its revenue is generated from the truck transportation segment.
