MOGU Inc. (MOGU, Financial), a Chinese online fashion and lifestyle platform, experienced a significant stock drop of 8.92%, trading at $2.35 per share. The trading volume reached 14,986 shares with a turnover rate of 0.18% and a price fluctuation of 15.12%.
Recent financial reports reveal MOGU's revenue at $8.59 million, with a net loss of $3.35 million. The earnings per share stood at -$0.38, and the gross profit was $3.08 million, resulting in a negative price-to-earnings ratio of -3.08.
Currently, there are no institutional ratings recommending a buy, hold, or sell for MOGU shares. Despite MOGU's downturn, the broader internet retail sector saw an overall increase of 0.68%. Within this industry, Thredup Inc., Linkage Global Inc, and Hour Loop, Inc. showed notable gains. Thredup Inc., Jeffs' Brands Ltd, and Webuy Global Ltd. were particularly active, with turnover rates of 11.06%, 7.40%, and 5.13%, respectively. Stocks with significant price fluctuations included Thredup Inc. at 43.85%, Linkage Global Inc at 24.64%, and Webuy Global Ltd. at 23.28%.
MOGU Inc. offers a platform for discovering and sharing fashion trends through multimedia content, including live streaming, short videos, and online communities. The company generates revenue domestically in China and provides online marketing, commissions, financing, and technical services.
