Gongwuyuan's stock price hits a 60-day low, with multiple factors causing its continuous decline

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Economic Observer Network Gongwu Garden (BIYA.OQ) stock price hit a 60-day low on February 11, dropping to $2.66. The stock has been in a continuous decline recently, with a total drop of 35.73% over the past 20 days and a 30.75% decrease since the beginning of the year.

Recent Stock Performance

The stock price reached its 60-day low on February 11, indicating a significant long-term downward trend, with a 5-day decline of 24.93%.

Funding Situation

Market liquidity is extremely scarce, with a trading volume of only $31,900 on February 11 and a turnover rate of 0.97%. Due to a total market capitalization of approximately $3 million, even small sell orders can cause significant price fluctuations.

Company Fundamentals

The company’s fundamentals are weak, with a trailing twelve months (TTM) price-to-earnings ratio (P/E) being negative, indicating losses. Its business structure is single, with over 99% of revenue relying on project outsourcing services as of the end of 2024.

Industry Sector Situation

The software services sector declined by 2.48% on the same day, reflecting low industry sentiment. Meanwhile, market funds favor large-cap stocks, further increasing liquidity pressure on small-cap stocks.

The above content is based on publicly available information and does not constitute investment advice.

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