Senmiao Technology (NASDAQ:AIHS) Shares Up 3.3% – Here’s Why

Senmiao Technology Limited (NASDAQ:AIHS)’s share price traded up 3.3% during trading on Tuesday . The company traded as high as $0.94 and last traded at $0.94. 4,220 shares were traded during mid-day trading, a decline of 91% from the average session volume of 46,550 shares. The stock had previously closed at $0.91.

Senmiao Technology Stock Up 3.3 %

The company has a market cap of $9.89 million, a P/E ratio of -2.24 and a beta of 1.02. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average price of $1.08 and a 200 day moving average price of $0.98.

Senmiao Technology (NASDAQ:AIHS) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.06) EPS for the quarter. Senmiao Technology had a negative return on equity of 81.03% and a negative net margin of 67.01%. The company had revenue of $1.12 million for the quarter.

Senmiao Technology Company Profile

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. It operates through two segments, Automobile Transaction and Related Services, and Online Ride-Hailing Platform Services. The company offers car rental services to individual customers; and auto finance solutions through financing leases.