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The trading price of Senmiao Technology Limited (NASDAQ:AIHS) floating lower at last check on Monday, November 22, closing at $0.60, -7.45% lower than its previous close.

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Traders who pay close attention to intraday price movement should know that it has been fluctuating between $0.6401 and $0.675. In examining the 52-week price action we see that the stock hit a 52-week high of $2.32 and a 52-week low of $0.50. Over the past month, the stock has lost -7.61% in value.

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Senmiao Technology Limited, whose market valuation is $40.80 million at the time of this writing, is expected to release its quarterly earnings report Feb 16, 2021. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Senmiao Technology Limited No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AIHS has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that AIHS’s price is currently -13.75% off the SMA20 and -9.13% off the SMA50. The RSI metric on the 14-day chart is currently showing 38.98, and weekly volatility stands at 7.78%. When measured over the past 30 days, the indicator reaches 8.50%. Senmiao Technology Limited (NASDAQ:AIHS)’s beta value is currently sitting at 0.19, while the Average True Range indicator is currently displaying 0.05.

To see how Senmiao Technology Limited stock has been performing today in comparison to its peers in the industry, here are the numbers: AIHS stock’s performance was -7.45% at last check in today’s session, and -44.57% in the past year. Senmiao Technology Limited has a P/E ratio of 0. Also during today’s trading, the S&P 500 Index has surged 0.77%, while the Dow Jones Industrial also saw a positive session, up 0.68% today.

An evaluation of the daily trading volume of Senmiao Technology Limited (NASDAQ:AIHS) indicates that the 3-month average is 1.80 million.

Currently, records show that 63.45 million of the company’s shares remain outstanding. The insiders hold 25.88% of outstanding shares, whereas institutions hold 1.30%. However, since the stock’s price has seen -39.91% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.