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What Do Analysts Say About MingZhu Logistics Holdings Limited (YGMZ)?

How have the shares performed?

MingZhu Logistics Holdings Limited (YGMZ) saw an uptrend of 1.53% in the recent trading with $4.65 being its most recent. The current price level -91.98% lower than the highest price of $58.00 marked by the stock while trading over the past 52-weeks, whereas it is 27.10% higher than the lowest price of $3.66 the company dropped to over past 52-weeks. The latest news story on YGMZ appeared in PR Newswire under the title “MingZhu Logistics Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 20-F” on May-19-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -18.28% below one month high and is +14.25% above of the lowest during that time. Looking into the simple moving average, MingZhu Logistics Holdings Limited (YGMZ)’s stock stands at a SMA-50 of $4.71 while that of 5-day is reading $4.48.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.

MingZhu Logistics Holdings Limited Earnings – What Happened With YGMZ

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 $8.68 billion.

YGMZ – MingZhu Logistics Holdings 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 11.83 million. YGMZ does have institutional investors; and they hold 0.80% of the stock.

MingZhu Logistics Holdings Limited – Insider Activity and Holdings

As on Dec 30, 2020, Virtu Financial LLC was the top most holder in MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) with an ownership of 23951.0 shares of the company or 0.19% of the stake worth $0.24 million. The filing also reveals Bank of Montreal/Can/ as the second largest holder in the company with a control over 0.04% of the outstanding shares. Its stake is worth $50800.0 for having 5000.0 shares in hand.

UBS Group AG also came holding a key 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 possession in YGMZ’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.

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, current ratio recorded by MingZhu Logistics Holdings Limited was 1.57 while posting a debt to equity ratio of 0.46. The count was 4.76 for long-term debt to equity ratio.

Technical Analysis of MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) stock

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