Streetbeat News

IZM

ICZOOM Group Inc.

https://iczoomex.com

Industry

Technology Distributors

ICZOOM Group Inc., together with its subsidiaries, sells electronic component products to customers in the People's Republic of China. The company provides semiconductor products, including various integrated circuit, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operations, and various design tools. Its products are used by small and medium-sized enterprises in the consumer electronic industry, Internet of Things, automotive electronics, and industry control segment. The company sells its products through its online platform. It also offers temporary warehousing, logistic and shipping, and customs clearance. The company was formerly known as Horizon Business Intelligence Co., Limited and changed its name to ICZOOM Group Inc. in May 2018. The company was founded in 2012 and is headquartered in Shenzhen, the People's Republic of China.

Open

2.25

Mkt cap

24M

Volume

12K

High

2.25

P/E Ratio

-10.05

52-wk high

52.21

Low

2.19

Div yield

N/A

52-wk low

1.86

ICZOOM Group Inc. (Nasdaq: IZM) and its subsidiary Hjet Supply Chain received awards at the 2024 International Integrated Circuit & Component Exhibition and Conference in Shenzhen. ICZOOM was recognized as an 'Outstanding E-Commerce Distributor' and Hjet as the 'Annual Outstanding Supply Chain Service Provider.'

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October 15, 2024 | 4:32 pm

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Portfolio Pulse from Benzinga Insights

June 07, 2024 | 12:07 pm

ICZOOM has signed a strategic cooperation agreement with WeBank to enhance supply chain finance. The terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:03 pm

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Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:31 pm

ICZOOM Group announced that Qiang He has tendered his resignation as CFO, effective from May 15, 2024. The resignation is due to personal reasons and not related to any disagreements with the company's operations, policies, or procedures. CEO Lei Xia will temporarily assume the CFO role until a replacement is appointed.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:05 pm

In Monday's intraday session, 12 Information Technology stocks showed significant movements. Notably, Matterport (MTTR) surged by 178.7%, while ICZOOM Group (IZM) dropped by 18.7%. Other notable gainers include Stronghold Digital Mining (SDIG) and BIT Mining (BTCM), with increases of 21.93% and 20.1% respectively. On the losing end, WiSA Technologies (WISA) and Marin Software (MRIN) saw declines of 18.37% and 17.69%.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:31 pm

In Friday's pre-market session, several information technology stocks showed notable movements. UTime, AEye, BIT Mining, Movano, Box, and Taoping were among the gainers, with increases ranging from 5.54% to 12.6%. Conversely, Bit Origin, VIA optronics, MariaDB, ICZOOM Group, Spectaire Holdings, and Marin Software experienced declines between 8.81% and 15.8%.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:08 pm

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Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:31 pm

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