Chijet Motor Company, Inc. (NASDAQ:DCX – Get Free Report) dropped 3.3% on Tuesday . The stock traded as low as $1.92 and last traded at $2.04. Approximately 7,897 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 13,981 shares. The stock had previously closed at $2.11.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Chijet Motor in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on Chijet Motor
Chijet Motor Trading Down 36.6%
Chijet Motor (NASDAQ:DCX – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1,035.89 earnings per share (EPS) for the quarter. The business had revenue of ($0.27) million for the quarter.
Chijet Motor Company Profile
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.
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