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An update from Chijet Motor Company ( (CJET) ) is now available.
On April 7, 2025, Chijet Motor Company received approval from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Stock Market, contingent on meeting specific compliance requirements by April 30, 2025. Previously, on February 19, 2025, the company faced a potential delisting due to not meeting the minimum market value requirements for its securities and publicly held shares. The company appealed this decision and is now required to promptly report any significant events that could affect its compliance during the exception period.
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 manufacturing of motor vehicles. The company is based in Yantai, Shandong, China, and is involved in producing a range of vehicles targeting various market segments.
YTD Price Performance: -17.18%
Average Trading Volume: 125,808
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.02M
For a thorough assessment of CJET stock, go to TipRanks’ Stock Analysis page.