$JZXN NEWS: Jiuzi Holdings (NASDAQ: JZXN) Announces Strategic Partnership Agreement to Acquire and Install up to 10,000 Smart Electric Vehicle (EV) chargers by 2027 #EV #TSLA #MULN
Jiuzi Holdings Inc is a China-based company mainly engaged in operating new energy vehicles (NEV) retail stores. The Company operates its stores under the brand Jiuzi and sells battery-operated electric vehicles and plug-in electric vehicles in third-fourth tier cities in China. The Company is also involved in franchising NEV retail stores.
Price/Earnings (TTM)--Price/Sales (TTM)8.66xPrice/Book (MRQ)86.04xPrice/Cash Flow (TTM)--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter
Yesterday's sellers will soon become tomorrow's chasers.
Good run. My 0.15 shares up 70%
Wasn't expecting this: "Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 36,026,309 ordinary shares issued and outstanding as of March 15, 2023."
Added 10,000,000 + hopefully they use them for one of the deals they PR'ed about.
Clay how about a video chart for this OS 25.71 million oversold stock ?
"Jiuyao would purchase 5,000 micro electric passenger cars customized for Jiuyao ("Jiuyao Mini EV") from Chongqing Fengon by December 28, 2022."
$JZXN .15 - "Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group under the brand name "Jiuzi" in China, today announced that its subsidiary, Hangzhou Jiuyao New Energy Automobile Technology Co. Ltd. ("Jiuyao") has entered into an extension agreement ("Extension Agreement") with Chongqing Dongfeng Fengon Automobiles Sales Co., Ltd. ("Chongqing Fengon"), a subsidiary of Dongfeng Sokon Motor Co., Ltd. ("DFSK Motor")".
Jiuyao MPV is custom-made vehicle based on Dongfeng Fengon's MPV model "Fengon 380." The customized version has an extra-large space of 5 cubic meters. It is equipped with BYD's superior blade battery, enabling Jiuyao MPV's CLTC, or the China Light-Duty Vehicle Test Cycle to range up to 310km. Since Jiuyao MPV has gained considerable accolades from the market, the Company plans to further launch an upgraded version in the first half of 2023. The new version will be installed with an extended-range battery, which allows the CLTC range to increase to 351km. Meanwhile, the battery can also be swapped so that Jiuyao MPV owners can change out dead or dying batteries for fully charged ones in a matter of minutes.
Looks like an algorithm trying to push this down further
Hmmmm Looks like just about dead bottom, great chart thanks
Why is this EV Company $JZXN only .1626 cents with an OS of only 25.71M https://finance.yahoo.com/quote/JZXN/key-statistics?p=JZXN in a huge market like China while all these EV Companies are priced much higher ? $TSLA $LI $LCID $NIO $RIVN $PSNY $XPEV $FSR $NKLA $GGR $PTRA $LEV $HYLN $FFIE $MULN $NIU $GOEV $HYZN $RIDE $KNDI $CENN $XOS $REE $SOLO $SEV $GP $ZEV $AMV $PEV $FUZ
Shouldn't it at least have a market cap of $26,000,000 or so with a share price of $1 + ?
What am I missing ?