Chijet Motor Company Inc (NASDAQ:CJET) Shares Surges 11.08% In A Week – But Can It Keep Rising?

NOVA

In recent trading session, Chijet Motor Company Inc (NASDAQ:CJET) saw 0.35 million shares changing hands at last check today with its beta currently measuring -1.62. Company’s recent per share price level of $1.88 trading at $0.15 or 8.51% at last check today assigns it a market valuation of $10.06M. That most recent trading price of CJET’s stock is at a discount of -1173.94% from its 52-week high price of $23.95 and is indicating a premium of 42.02% from its 52-week low price of $1.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.14 million shares which gives us an average trading volume of 85.89K if we extend that period to 3-months.

Chijet Motor Company Inc (NASDAQ:CJET) trade information

Upright in the green today for gaining 8.51%, in the last five days CJET remained trading in the green while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $1.88 price level, adding 8.74% to its value on the day. Chijet Motor Company Inc’s shares saw a change of -19.09% in year-to-date performance and have moved 11.08% in past 5-day. Chijet Motor Company Inc (NASDAQ:CJET) showed a performance of 47.81% in past 30-days. Number of shares sold short was 31909.0 shares which calculate 4.97 days to cover the short interests.

Chijet Motor Company Inc (NASDAQ:CJET)’s Major holders

Insiders are in possession of 76.37% of company’s total shares while institution are holding 0.69 percent of that, with stock having share float percentage of 2.90%. Investors also watch the number of corporate investors in a company very closely, which is 0.69% institutions for Chijet Motor Company Inc that are currently holding shares of the company.