MingZhu Logistics Holdings Limited Short Interest Down 36.6 percent in August
| YGMZ Stock | USD 0.88 0.07 7.37% |
Slightly above 62% of Mingzhu Logistics' investor base is looking to short. The current sentiment of investing in Mingzhu Logistics Holdings suggests that many traders are alarmed. Mingzhu Logistics' investing sentiment can be driven by a variety of factors including economic data, Mingzhu Logistics' earnings reports, geopolitical events, and overall market trends.
Mingzhu |
MingZhu Logistics Holdings Limited saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 85,300 shares, a drop of 36.6 percent from the August 15th total of 134,600 shares. Based on an average daily volume of 57,800 shares, the short-interest
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Mingzhu Logistics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Mingzhu Logistics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Mingzhu Logistics Fundamental Analysis
We analyze Mingzhu Logistics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mingzhu Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mingzhu Logistics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Mingzhu Logistics is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Mingzhu Logistics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mingzhu Logistics stock to make a market-neutral strategy. Peer analysis of Mingzhu Logistics could also be used in its relative valuation, which is a method of valuing Mingzhu Logistics by comparing valuation metrics with similar companies.
Peers
Mingzhu Logistics Related Equities
| ULH | Universal Logistics | 0.92 | ||||
| SNDR | Schneider National | 1.50 | ||||
| WERN | Werner Enterprises | 1.57 | ||||
| MRTN | Marten Transport | 1.95 | ||||
| HTLD | Heartland Express | 2.68 |
Additional Tools for Mingzhu Stock Analysis
When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.