The stock of BIMI International Medical Inc. (BIMI, Financial) on the OTC market experienced a sharp decline of 57.50%. The stock is currently trading at $0.009 per share with a trading volume of 103 shares and zero turnover rate and amplitude.
Recently released financial reports reveal that BIMI registered a revenue of $2.52 million but reported a net loss of $3.01 million, translating to an earnings per share (EPS) of -$0.49. The company's gross profit stood at $115,155, and the price-to-earnings (P/E) ratio is negative.
As of now, no institutional ratings have been issued regarding buy, hold, or sell recommendations for BIMI stock. In the pharmaceutical retail sector, where BIMI belongs, the overall market has seen a decline of 0.83%.
Among its peers, stocks such as High Tide Inc., Sunlink Health Systems, Inc., and Scienture Holdings, Inc. have recorded notable gains. Stocks like Petmed Express, Inc. and Walgreens Boots Alliance have shown significant trading activity, with turnover rates of 1.41% and 1.32%, respectively. Stocks with notable volatility include Jiuzhou Pharmacy, Petmed Express, Inc., and High Tide Inc., displaying amplitude percentages of 6.82%, 6.81%, and 6.07% respectively.
