AIHS Stock Summary and Trading Ideas (Senmiao Technology | NASDAQ:AIHS)

Senmiao Technology Ltd is a holding company. The company's operating segment includes Automobile Transaction and Related Services and Online ride-hailing platform Services. It generates maximum revenue from the Automobile Transaction and Related Services segment. Geographically, it derives revenue from China.

Senmiao Technology trades on the NASDAQ stock market under the symbol AIHS.

As of April 18, 2024, AIHS stock price climbed to $0.90 with 4,685 million shares trading.

AIHS has a beta of -0.02, meaning it tends to be less sensitive to market movements. AIHS has a correlation of 0.00 to the broad based SPY ETF.

AIHS has a market cap of $8.61 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AIHS stock traded as high as $14.00 and as low as $.20.

AIHS stock has underperformed the market in the last year with a return of +1.1%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AIHS shares. However, AIHS has outperformed the market in the last 3 month and 2 week periods, returning +90.7% and +1.1%, while SPY returned +6.1% and -3.8%, respectively. This indicates AIHS has been having a stronger performance recently.

AIHS support price is $.75 and resistance is $.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIHS stock will trade within this expected range on the day.