Senmiao Technology (NASDAQ:AIHS) Trading Up 0.3% – What’s Next?

Senmiao Technology Limited (NASDAQ:AIHS)’s stock price shot up 0.3% during mid-day trading on Monday . The company traded as high as $0.89 and last traded at $0.91. 4,314 shares traded hands during trading, a decline of 88% from the average session volume of 35,841 shares. The stock had previously closed at $0.90.

Senmiao Technology Trading Down 0.6 %

The business has a fifty day moving average of $0.90 and a 200-day moving average of $0.94. The firm has a market cap of $9.47 million, a PE ratio of -2.81 and a beta of 0.64.

Senmiao Technology (NASDAQ:AIHS) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $920 billion during the quarter. Senmiao Technology had a negative net margin of 81.98% and a negative return on equity of 100.65%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Senmiao Technology stock. Virtu Financial LLC raised its stake in Senmiao Technology Limited (NASDAQ:AIHS) by 143.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,047 shares of the company’s stock after buying an additional 15,365 shares during the period. Virtu Financial LLC owned about 0.25% of Senmiao Technology worth $31,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.42% of the company’s stock.

About Senmiao Technology

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.