For the readers interested in the stock health of Senmiao Technology Limited (AIHS). It is currently valued at $0.78. When the transactions were called off in the previous session, Stock hit the highs of $1.0803, after setting-off with the price of $1.05. Company’s stock value dipped to $1.02 during the trading on the day. When the trading was stopped its value was $1.05.
Recently in News on May 11, 2021, Senmiao Technology Announces $6.5 Million Registered Direct Offering. Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of approximately $6.5 million of its common stock, priced at-the-market under the Nasdaq rules at a price of $1.175 per share. In addition, the Company will issue certain warrants to the investors in this offering to purchase a total of 5,531,916 shares of common stock at a purchase price of $1.05 per share. The warrants have a term of five years and are exercisable immediately from the issue date. 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 $2.3200 on 02/22/21, with the lowest value was $0.7300 for the same time period, recorded on 05/11/21.
Senmiao Technology Limited (AIHS) full year performance was 159.51%
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 -66.71% during the 52-week period from high price, and 135.66% 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 $0.33 and $2.35.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 5487192 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 -1.87%, having the revenues showcasing -33.12% 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 55.07M, 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 1.3584, with a change in the price was noted -0.3694. In a similar fashion, Senmiao Technology Limited posted a movement of -32.98% for the period of last 100 days, recording 2,513,150 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 3.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.90.
Senmiao Technology Limited (AIHS): Technical Analysis
Raw Stochastic average of Senmiao Technology Limited in the period of last 50 days is set at 2.37%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.75%. In the last 20 days, the company’s Stochastic %K was 6.13% and its Stochastic %D was recorded 10.33%.
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 encouraging, given the fact the metric is recording -1.87%. Additionally, trading for the stock in the period of the last six months notably improved by 5.00%, alongside a boost of 159.51% for the period of the last 12 months. The shares increased approximately by -11.76% in the 7-day charts and went up by -26.06% in the period of the last 30 days. Common stock shares were lifted by -33.12% during last recorded quarter.