Tian Ruixiang (TIRX, Financial) experienced significant stock movement with a notable 5.71% increase in its share price, reaching $1.85. The trading volume was 8,575 shares, with a turnover rate of 0.11% and a price fluctuation of 4.94%.
Recent financial reports reveal that Tian Ruixiang generated a revenue of $178,345, but faced a net loss of $2.61 million, resulting in an earnings per share of -$2.68. The company currently lacks a price-to-earnings ratio, which stands at -0.37. Moreover, no institutional ratings have been provided for the stock in terms of buy, hold, or sell recommendations.
Within the insurance sector, where Tian Ruixiang operates, the overall growth was 0.84%. Noteworthy performers in this sector include Root, Inc., Kangnian Holdings, and Abacus Life Inc C/Wts 30/06/2028, all showing significant gains. Active stocks in the sector include Fundamental Global Inc., Root, Inc., and Selective Insurance Group, Inc., with turnover rates of 2.41%, 2.38%, and 1.77%, respectively. Root, Inc., Oxbridge Re Holdings C/Wts 26/03/2029, and Intelligent Future showed substantial price fluctuations of 11.36%, 11.33%, and 7.96%.
Tian Ruixiang is an insurance brokerage firm offering a wide range of insurance products, including property, liability, accident, and auto insurance, as well as health and life insurance. The company earns revenue by providing brokerage services and represents clients in securing insurance from providers.
