Addentax Group Corp. and Dezhong Xinghui Collaborate to Develop AI Logistic System, Facilitating Breakthroughs in Logistics Delivery
| ATXG Stock | USD 0.55 0.01 1.79% |
Roughly 61% of Addentax Group's investor base is looking to short. The analysis of overall sentiment of trading Addentax Group Corp stock suggests that many investors are alarmed at this time. The current market sentiment, together with Addentax Group's historical and current headlines, can help investors time the market. In addition, many technical investors use Addentax Group Corp stock news signals to limit their universe of possible portfolio assets.
Addentax |
Addentax Group Corp. , an integrated service provider focusing on garment manufacturing, logistics services, property management, and subleasing, has announced the formalization of a strategic cooperation and the signing of a three year memorandum of understanding with Dezhong Xinghui Information Technology Co., Ltd. on March 20, 2024, an enterprise established in September 2017 based in Hangzhou Citys Xihu District, is
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Addentax Group Fundamental Analysis
We analyze Addentax Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Addentax Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Addentax Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Addentax Group is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Addentax Group Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Addentax Group stock to make a market-neutral strategy. Peer analysis of Addentax Group could also be used in its relative valuation, which is a method of valuing Addentax Group by comparing valuation metrics with similar companies.
Peers
Addentax Group Related Equities
| CYRX | Cryoport | 9.89 | ||||
| RLGT | Radiant Logistics | 1.47 | ||||
| LSTR | Landstar System | 0.69 | ||||
| ROYMY | Royal Mail | 0.67 | ||||
| HUBG | Hub | 0.60 | ||||
| CHRW | CH Robinson | 0.57 | ||||
| AIRTP | Air T | 0.40 | ||||
| JBHT | JB Hunt | 0.07 | ||||
| PBI | Pitney Bowes | 0.12 | ||||
| SFWL | Shengfeng Development | 1.64 | ||||
| FWRD | Forward Air | 1.88 | ||||
| CRGO | Freightos Limited | 3.38 | ||||
| JYD | Jayud Global | 39.64 |
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