MingZhu Logistics Holdings Limited Stock News

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The stock price of MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) increased by over 40% pre-market today. This is why it happened.

SHENZHEN, China , Dec. 24, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced its financial results for the six months ended June 30, 2021 . Mr. Jinlong, CEO of MingZhu, commented, "We ended the first half of 2021 in a stronger financial position, with 8.2% year over year revenue growth, a 15% improvement in gross profit, and a 24% improvement in operating income. We have been successfully executing on multiple fronts, while continuing to navigate the challenged COVID-19 environment. Of note, we have shuttered our Xinjiang operation and shifted to an asset-light strategy." Mr. Jinlong, CEO of MingZhu, continued, "We continue to make significant progress in our business diversification strategy, including recent announcements of non-binding memorandums of understanding with Damo Electric Truck, and Xinjiang Feipeng Logistics Co. Ltd., and a major cooperation agreement with China Merchants Logistics Group Urumqi Limited.

MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) price on Friday, December 10, rose 2.82% above its previous days close as an upside momentum from buyers pushed the stocks value to $2.19. A look at the stocks price movement, the close in the last trading session was $2.13, moving within a range at $1.93 and $2.26. The PE MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) Stock Could Be Worth Considering Read More »

MingZhu's shares have fallen over 50% in the last six months. In the same period, the company's book value has nearly doubled following a share offering that brought it $18 million.

SHENZHEN, China, Oct. 12, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (MingZhu or the Company), a leading trucking service provider, today announced that it has entered into a

The stock price of MingZhu Logistics Holdings Ltd (NASDAQ: YGMZ) increased by over 10% pre-market. This is why it happened.

SHENZHEN, China, July 6, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses,

SHENZHEN, June 28, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today

SHENZHEN, China, March 12, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), a China-based trucking services provider, today announced that it has closed a regis

SHENZHEN, China, March 10, 2021 /PRNewswire/ -- MingZhu Logistics Holdings Limited (Nasdaq: YGMZ) (the "Company"), a China-based trucking services provider, today announced that it entered into secu

SHENZHEN, China, Dec. 30, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited (the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced its unaudited financial resu

This sleepy Chinese transport stock has come to life in recent days.

SHENZHEN, China, Oct. 30, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced that ViewTrade