How have the shares performed?
Senmiao Technology Limited (AIHS) saw downtrend of -3.19% in the recent trading with $0.76 being its most recent. The current price level -67.70% lower than the highest price of $2.35 marked by the stock while trading over the past 52-weeks, whereas it is 107.95% higher than the lowest price of $0.37 the company dropped to over past 52-weeks. The latest news story on AIHS appeared in PR Newswire under the title “Senmiao Technology Announces Closing of $6.5 Million Registered Direct Offering” on May-13-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -45.79% below one month high and is +6.90% above of the lowest during that time. Looking into the simple moving average, Senmiao Technology Limited (AIHS)’s stock stands at a SMA-50 of $1.2053 while that of 5-day is reading $0.7785.
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 as of now is $1.0902.
Senmiao Technology Limited Earnings – What Happened With AIHS
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 $1.64 billion.
AIHS – Senmiao Technology Limited Stock Earnings Estimates
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). The total number of common shares currently owned by the public is 43.82 million. AIHS does have institutional investors; and they hold 0.80% of the stock.
Senmiao Technology Limited – Insider Activity and Holdings
As on Dec 30, 2020, Citadel Advisors LLC was the top most holder in Senmiao Technology Limited (NASDAQ:AIHS) with an ownership of 0.2 million shares of the company or 0.40% of the stake worth $0.21 million. The filing also reveals Two Sigma Advisers, LP as the second largest holder in the company with a control over 0.21% of the outstanding shares. Its stake is worth $0.11 million for having 0.1 million shares in hand.
Renaissance Technologies, LLC also came holding a key position in the company during the recent quarter and it now holds 0.12% of the outstanding shares. With this there are now 6 institutions which have possession in 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 3.03. The count was 107.92 for long-term debt to equity ratio.
Senmiao Technology Limited’s return on equity, or ROE, is -381.20%, compared to the industry average of 4.31% for Financial – Credit Services. Although this indicates that AIHS fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Senmiao Technology Limited (NASDAQ:AIHS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with 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 1,699,780 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,125,166 shares. And to end, AIHS’s 100-day average volume is 2,685,092 shares with 50% of the long-term indicators pointing towards Sell for the stock.