Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Chijet Motor Company ( (CJET) ) has issued an update.
On September 11, 2025, Chijet Motor Company announced an amendment to its 2025 Annual General Meeting of Shareholders, initially scheduled for September 22, 2025, now postponed to September 25, 2025. The meeting will address several key resolutions, including a reverse stock split where up to 100 ordinary shares will be consolidated into one, and a proposed name change to ‘Digital Currency X Technology Inc.’ These changes are aimed at restructuring the company’s share capital and potentially repositioning its market identity, which could have significant implications for its stakeholders.
Spark’s Take on CJET Stock
According to Spark, TipRanks’ AI Analyst, CJET is a Underperform.
Chijet Motor Company is facing severe financial and operational challenges, with negative profitability, high leverage, and liquidity issues. The bearish technical indicators and negative market reaction to earnings results further exacerbate the risks. The company’s low valuation metrics reflect its unprofitability and lack of dividend appeal, contributing to an overall weak stock score.
To see Spark’s full report on CJET stock, click here.
More about Chijet Motor Company
Chijet Motor Company, Inc. operates in the automotive industry, focusing on the development and production of motor vehicles. The company is based in Yantai, Shandong, China, and is involved in manufacturing and technological advancements within the automotive sector.
Average Trading Volume: 1,973,846
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.37M
For a thorough assessment of CJET stock, go to TipRanks’ Stock Analysis page.