Let’s start up with the current stock price of Senmiao Technology Limited (AIHS), which is $1.57 to be very precise. The Stock rose vividly during the last session to $1.63 after opening rate of $1.53 while the lowest price it went was recorded $1.41 before closing at $1.77.
Recently in News on February 8, 2021, Senmiao Technology Announces $7 Million Registered Direct Offering. Senmiao Technology Limited (Nasdaq: AIHS) (“Senmiao”) a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it entered into securities purchase agreements with certain institutional investors in connection with a registered direct offering of an aggregate of 5,072,465 shares of common stock at a price of $1.38 per share for aggregate gross proceeds of $7.0 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about February 10, 2021, subject to the satisfaction of customary closing conditions. You can read further details here
Senmiao Technology Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.9000 on 02/05/21, with the lowest value was $1.0500 for the same time period, recorded on 01/06/21.
Senmiao Technology Limited (AIHS) full year performance was 170.74%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Senmiao Technology Limited shares are logging -33.19% during the 52-week period from high price, and 503.85% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.26 and $2.35.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 14304624 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Senmiao Technology Limited (AIHS) recorded performance in the market was 46.73%, having the revenues showcasing 57.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 70.96M, as it employees total of 179 workers.
Analysts verdict on Senmiao Technology Limited (AIHS)
During the last month, 0 analysts gave the Senmiao Technology Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0926, with a change in the price was noted +1.1230. In a similar fashion, Senmiao Technology Limited posted a movement of +251.23% for the period of last 100 days, recording 5,253,926 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AIHS is recording 1.90 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.63.
Senmiao Technology Limited (AIHS): Technical Analysis
Raw Stochastic average of Senmiao Technology Limited in the period of last 50 days is set at 64.89%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.17%. In the last 20 days, the company’s Stochastic %K was 77.97% and its Stochastic %D was recorded 83.60%.
Let’s take a glance in the erstwhile performances of Senmiao Technology Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 46.73%. Additionally, trading for the stock in the period of the last six months notably improved by 207.90%, alongside a boost of 170.74% for the period of the last 12 months. The shares increased approximately by -0.63% in the 7-day charts and went down by 35.34% in the period of the last 30 days. Common stock shares were driven by 57.00% during last recorded quarter.