MingZhu Logistics Holdings Ltd (YGMZ) saw an uptrend of 19.08% in the recent trading with $1.0 being its most recent. The current price level -43.50% lower than the highest price of $1.77 marked by the stock while trading over the past 52-weeks, whereas it is 58.73% higher than the lowest price of $0.63 the company dropped to over past 52-weeks. The latest news story on YGMZ appeared in (GlobeNewswire) under the title “MingZhu Logistics Plans to Partner with Muamau Mall to Jointly Explore the Vietnam and the U.S. Markets”.
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 Ltd Earnings – What Happened With YGMZ
Coming around sales and income figures on YGMZ Stock Income Statement, public 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.
MingZhu Logistics Holdings Ltd – Insider Activity and Holdings
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 76.68 million. YGMZ does have institutional investors; and they hold 0.15% of the stock.
As on 2024-06-30, MARINER, LLC was the top most holder in MingZhu Logistics Holdings Ltd (NASDAQ:YGMZ) with an ownership of 39992.0 shares of the company or 0.1556 of the stake worth $12805.0. The filing also reveals TWO SIGMA SECURITIES, LLC as the second largest holder in the company with a control over 0.0946 of the outstanding shares. Its stake is worth $7788.0 for having 24323.0 shares in hand.
ADVISOR GROUP HOLDINGS, INC. also came holding a key position in the company during the recent quarter and it now holds 0.0195 of the outstanding shares. With this there are now 5.0 institutions which have possession in YGMZ’s shares.
Key Metrics for YGMZ
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, MingZhu Logistics Holdings Ltd has a debt to equity ratio of 0.08.
