In the latest market development, the stock of Tian Ruixiang Holdings Ltd. (TIRX, Financial) experienced a significant decline of 5.90%, bringing the price down to $1.84 per share. The trading volume was recorded at 17,803 shares, with a turnover rate of 0.75% and a fluctuation amplitude of 2.05%.
According to the most recent financial reports, Tian Ruixiang reported revenue of $178,345 and a net loss of $2.61 million, equating to an earnings per share (EPS) of -$2.68. The company currently does not have available data on gross profit and has a negative P/E ratio of -0.39. Notably, no institutional ratings or recommendations such as "buy," "hold," or "sell" are available for TIRX at the moment.
Within the insurance industry, where TIRX operates, the overall sector saw a marginal decline of 0.17%. However, some stocks in the sector displayed significant activity. Notably, Root, Inc., Lemonade, Inc., and Hippo Holdings Inc. showed substantial gains, with Root and Lemonade being the most active stocks, having turnover rates of 77.68% and 11.79%, respectively. The most volatile stocks included Root, Inc., Reliance Global Group Inc C/Wts 01/02/2026, and Lemonade, Inc., with amplitude fluctuations of 118.28%, 50.00%, and 26.40% respectively.
Tian Ruixiang Holdings Ltd. is a brokerage company offering a variety of insurance products, which include property insurance such as commercial property, liability, accident, and automobile insurance. It also provides health, life, and miscellaneous insurance products, generating a small portion of revenue from risk management services by sourcing insurance for clients through brokerage services.
