Stock for Quhuo Limited (QH, Financial) experienced a significant decline, dropping 5.03% to $1.32 per share. The trading volume reached 58,775 shares with a turnover rate of 0.07% and a stock volatility of 6.47%.
Recent financial reports indicate Quhuo (QH, Financial) generated $225 million in revenue but faced a net loss of $7.28 million, resulting in earnings per share of -$0.87. The company reported a gross profit of $3.43 million, leading to a negative price-to-earnings ratio of -2.41.
Currently, no institutional ratings such as "buy," "hold," or "sell" have been issued for Quhuo (QH, Financial). In the broader software services sector, which saw an overall rise of 0.51%, some stocks like Arqit Quantum Inc, Roadzen Inc, and Bakkt Holdings demonstrated substantial increases. Active stocks in this sector include Signing Day Sports, Janover Inc, and Nukkleus Inc, with turnover rates of 299.25%, 166.46%, and 80.06%, respectively. Meanwhile, stocks with notable volatility included Arqit Quantum Inc, Gorilla Technology Group Inc, and Roadzen Inc, with fluctuations of 154.76%, 68.61%, and 63.79%, respectively.
Quhuo Limited is a Chinese gig economy platform offering technology-supported, end-to-end operational solutions for e-commerce industry consumer service enterprises. This includes services like food delivery, ride-hailing, household management, and bike-sharing. Their revenue primarily comes from service fees paid by industry clients, with some earnings generated from car rental agreements with drivers involved in ride-hailing solutions. All of the company’s revenue is geographically sourced from China, divided into on-demand delivery solutions, mobility service solutions, household management solutions, and other services, with on-demand delivery being the main revenue driver.
