Chijet Motor (NASDAQ:CJET) Shares to Reverse Split on Wednesday, July 31st

Shares of Chijet Motor Company, Inc. (NASDAQ:CJET) are scheduled to reverse split on the morning of Wednesday, July 31st. The 1-30 reverse split was announced on Friday, June 28th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, July 30th.

Chijet Motor Trading Down 6.8 %

CJET opened at $3.27 on Tuesday. The business’s 50-day moving average is $1.36 and its two-hundred day moving average is $0.76. Chijet Motor has a 1 year low of $3.00 and a 1 year high of $105.30.

About Chijet Motor

Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.