Senmiao Technology Limited (AIHS) saw downtrend of -7.58% in the recent, registering $0.61 being its most recent bid. The distance of current price level is -74.04% lower than the highest price of $2.35 marked by the stock while trading over the past 52-weeks, whereas it is 134.62% higher than the lowest price of $0.26 the company dropped to over past 52-weeks. The latest news story on AIHS appeared in PR Newswire under the title “Senmiao Technology Announces Unaudited Financial Results for First Quarter of Fiscal Year 2021” on Aug-19-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -41.90% below one month high and is +48.74% above of the lowest during that time. Looking into the simple moving average, Senmiao Technology Limited (AIHS)’s stock is currently standing at a SMA-50 of $0.5505 while that of 5-day is reading $0.6794.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AIHS’s SMA-200 at this time is reading $0.5601.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.15 billion.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 29.01 million of AIHS’s outstanding shares. That indicates a holding of about 0.50% or $3.66 of worth by institutional holders in the company.
As on Jun 29, 2020, Renaissance Technologies, LLC was the top most holder in Senmiao Technology Limited (NASDAQ:AIHS) with an ownership of 0.13 million shares of the company or 0.30% of the stake worth $95681.0. The filing also reveals UBS Group AG as the second largest holder in the company with a control over 0.17% of the stake or worth of $53311.0 for having 72454.0 shares in hand.
Penserra Capital Management LLC also came increasing its position in the company during the recent quarter and it now holds 0.01% of the outstanding shares. With this there are now 6 institutions which have been in possession of AIHS’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Senmiao Technology Limited has a debt to equity ratio of 10.50. The count was 107.92 for long-term debt to equity ratio.
The rising figure indicates that AIHS came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Credit Services industry and with the broader scale at the Financial sector level shows that industry’s average ROE is 4.22.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for Senmiao Technology Limited (AIHS), we notice that the stock’s 20-day average volume is at 8,082,070 shares and 50% of that short term indicators are suggesting the stock as Sell. Its 50-day average volume of 4,889,976 shares. And to end with, AIHS’s 100-day average volume are 4,740,777 shares with 100% of the long-term indicators pointing towards Buy for the stock.