Senmiao Technology Ltd (NASDAQ: AIHS) Could Post Excellent Profits?

In the last trading session, 1.96 million shares of the Senmiao Technology Ltd (NASDAQ:AIHS) were traded, and its beta was 0.76. Most recently the company’s share price was $0.33, and it changed around -$0.01 or -3.23% from the last close, which brings the market valuation of the company to $3.47M. AIHS currently trades at a discount to its 52-week high of $1.70, offering almost -415.15% off that amount. The share price’s 52-week low was $0.34, which indicates that the current value has fallen by an impressive -3.03% since then. We note from Senmiao Technology Ltd’s average daily trading volume that its 10-day average is 7.38 million shares, with the 3-month average coming to 1.16 million.

Senmiao Technology Ltd (NASDAQ:AIHS) trade information

Instantly AIHS has showed a red trend with a performance of -3.23% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.3000 on recent trading dayincreased the stock’s daily price by 74.62%. The company’s shares are currently down -69.16% year-to-date, but still down -76.43% over the last five days. On the other hand, Senmiao Technology Ltd (NASDAQ:AIHS) is -64.89% down in the 30-day period. We can see from the shorts that 45375.0 shares have been sold at a short interest cover period of 2.22 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 25.11%.

AIHS Dividends

Senmiao Technology Ltd’s next quarterly earnings report is expected to be released in July.

Senmiao Technology Ltd (NASDAQ:AIHS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 11.12% of Senmiao Technology Ltd shares, and 0.24% of them are in the hands of institutional investors. The stock currently has a share float of 0.26%.

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