MingZhu Logistics (YGMZ) Stock Price, News & Analysis

Company Overview

MingZhu Logistics Holdings Limited, through its subsidiaries, provides trucking services in the People's Republic of China. The company also provides car-hailing and driver management services, and car owner services. It serves sizeable third-party logistics companies, freight forwarders, and warehouse operators, as well as other supply chain service providers. The company was founded was founded in 2002 and is headquartered in Shenzhen, the People's Republic of China.

Key Stats

• Today's Range: $1.44 to $1.55
• 50-Day Range: $0.98 to $1.66
• 52-Week Range: $0.91 to $6.24
• Volume: 18,745 shs
• Average Volume: 113,533 shs
• Market Capitalization: $6.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MingZhu Logistics Stock Analysis - MarketRank™

MingZhu Logistics scored higher than 28% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for MingZhu Logistics.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

MingZhu Logistics has a P/B Ratio of 0.11. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.40% of the float of MingZhu Logistics has been sold short.

Short Interest Ratio / Days to Cover

MingZhu Logistics has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MingZhu Logistics has recently decreased by 67.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MingZhu Logistics does not currently pay a dividend.

Dividend Growth

MingZhu Logistics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.40% of the float of MingZhu Logistics has been sold short.

Short Interest Ratio / Days to Cover

MingZhu Logistics has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MingZhu Logistics has recently decreased by 67.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.93

News Sentiment

MingZhu Logistics has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for MingZhu Logistics this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MingZhu Logistics insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.10% of the stock of MingZhu Logistics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.17% of the stock of MingZhu Logistics is held by institutions.

YGMZ Stock Analysis - Frequently Asked Questions

How have YGMZ shares performed this year?

MingZhu Logistics' stock was trading at $3.76 at the start of the year. Since then, YGMZ shares have decreased by 61.2% and is now trading at $1.46.
View the best growth stocks for 2024 here.

When did MingZhu Logistics' stock split?

MingZhu Logistics shares reverse split on the morning of Monday, July 1st 2024. The 1-8 reverse split was announced on Monday, July 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

When did MingZhu Logistics IPO?

MingZhu Logistics (YGMZ) raised $12 million in an initial public offering on Thursday, October 22nd 2020. The company issued 3,000,000 shares at $4.00 per share. ViewTrade Securities served as the underwriter for the IPO.

How do I buy shares of MingZhu Logistics?

Shares of YGMZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MingZhu Logistics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MingZhu Logistics investors own include NVIDIA (NVDA), Alibaba Group (BABA), Meta Platforms (META), Zoom Video Communications (ZM), Tesla (TSLA), Baidu (BIDU) and Ford Motor (F).

Company Calendar

• Today: 10/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Transportation services
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:YGMZ
• CUSIP: N/A
• CIK: 1782037
• Web: www.szygmz.com
• Phone: 86-755-2520-9839
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $89 million
• Price / Sales: 0.08
• Cash Flow: $0.37 per share
• Price / Cash Flow: 3.98
• Book Value: $12.95 per share
• Price / Book: 0.11

Miscellaneous

• Outstanding Shares: 4,780,000
• Free Float: 4,105,000
• Market Cap: $6.98 million
• Optionable: Not Optionable
• Beta: 1.18