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1 Comment
Zhejiang Renzhi Co., Ltd is currently in a long term uptrend where the price is trading 24.6% above its 200 day moving average.
From a valuation standpoint, the stock is 353.9% more expensive than other stocks from the Energy sector with a price to sales ratio of 11.1.
Zhejiang Renzhi Co., Ltd's total revenue sank by 39.4% to $19M since the same quarter in the previous year.
Its net income has dropped by 124.2% to $-10M since the same quarter in the previous year.
Finally, its free cash flow fell by 108.3% to $-7M since the same quarter in the previous year.
Based on the above factors, Zhejiang Renzhi Co., Ltd gets an overall score of 1/5.
| Industry | Oil & Gas Equipment & Services |
|---|---|
| Sector | Energy |
| ISIN | CNE1000018S4 |
| CurrencyCode | CNY |
| Exchange | SHE |
| Dividend Yield | 0.0% |
|---|---|
| Beta | 0.35 |
| Market Cap | 2B |
| Target Price | None |
| PE Ratio | 125.0 |
Zhejiang Renzhi Co., Ltd. provides professional services in the oil and gas drilling and engineering fields primarily in China. The company is involved in the development, production, and sale of oilfield chemicals; and development, production, sale, and import and export trade of new materials. It also offers oil and gas field technical services, including drilling fluid technical services; anti-corrosion engineering technical services; oil and gas field special equipment testing and maintenance services. Zhejiang Renzhi Co., Ltd. was founded in 2006 and is based in Wenzhou, China.
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