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

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

Senmiao Technology Stock Up 0.3 %

The stock has a market cap of $9.52 million, a PE ratio of -2.83 and a beta of 0.62. The company has a fifty day moving average price of $0.90 and a 200 day moving average price of $0.94.

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

Institutional Investors Weigh In On Senmiao Technology

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

Senmiao Technology Company Profile

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.