Streetbeat News

TIRX

Tian Ruixiang Holdings Ltd

https://www.tianrx.com

Industry

Insurance - Brokers

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. The company distributes a range of insurance products, including property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance, and accidental insurance; and life insurance comprising individual and group life insurances. It serves individual or institutional customers. Tian Ruixiang Holdings Ltd was founded in 2010 and is headquartered in Beijing, China.

Open

1.64

Mkt cap

3.9M

Volume

126K

High

1.80

P/E Ratio

-0.34

52-wk high

7.40

Low

1.59

Div yield

N/A

52-wk low

1.53

Tian Ruixiang Holdings (NASDAQ:TIRX) reported a significant decline in its financial performance for the first half of the year. The company posted a loss of $(2.68) per share, a 7.2% increase in losses compared to $(2.50) per share from the same period last year. Sales also plummeted by 75.40%, dropping to $178.34K from $724.86K year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:17 pm

TIAN RUIXIANG Holdings Ltd (NASDAQ:TIRX) has regained compliance with Nasdaq's periodic filing requirement after submitting its annual report on Form 20-F for the period ended October 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:35 pm

TIAN RUIXIANG Holdings reported a FY23 EPS of $(3.87), an improvement from $(9.03) last year. However, revenue decreased by 8.0% to $1.2M.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:46 pm

TIAN RUIXIANG Holdings has regained compliance with Nasdaq's listing requirements, ensuring its continued presence on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:38 pm

Tian Ruixiang Holdings (NYSE:TIRX) has seen a significant increase in short interest, rising 589.29% since its last report. The company now has 55,000 shares sold short, representing 3.86% of its float. This is higher than the peer group average of 3.60%.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 2:45 pm

Fluent Inc. (NASDAQ:FLNT) shares fell 12.6% after reporting weaker-than-expected quarterly results, with an adjusted loss of 30 cents per share and sales of $65.983 million, missing estimates. Other notable stock movements include significant gains for Lucy Scientific Discovery Inc. (NASDAQ:LSDI) and Greenwave Technology Solutions, Inc. (NASDAQ:GWAV), and declines for Spire Global, Inc. (NYSE:SPIR) and a.k.a. Brands Holding Corp. (NYSE:AKA).

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 5:06 pm

Trading for TIRX was halted at 7:50:00 p.m. ET due to pending news. The halt is a regulatory measure awaiting the release of significant information.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 11:50 pm

TIAN RUIXIANG Holdings Ltd. announced a 1-for-5 share consolidation, effectively reducing the number of shares available and potentially increasing the share price due to the reduced supply.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:34 pm

Tian Ruixiang Holdings (NYSE:TIRX) has seen a 10.0% increase in short interest, now at 5 thousand shares or 0.22% of float, indicating a bearish market sentiment. Despite this, TIRX's short interest is below its peer group average of 2.96%. Short interest is a key indicator of market sentiment, and an increase suggests investors are expecting the stock price to fall. However, high short interest can also lead to a potential short squeeze, making the stock's near-term movement unpredictable.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:00 pm

Nucor Corporation's shares fell after reporting lower-than-expected quarterly results. Other stocks showed significant movement, with Cyngn Inc. and Pineapple Energy Inc. among the top gainers, while Abeona Therapeutics and Greenwave Technology Solutions were notable losers.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 5:53 pm

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