Phoenix shares accelerated their decline on April 16
Phoenix shares accelerated their decline on April 16th, hitting the daily limit, and the stock price fell by 9.99%.
Phoenix shares
Phoenix Holdings was a company listed on the Shen Zhen stock exchange, mainly engaged in the production and sales of metal casting wear-resistant materials. The company's downstream application industries are mainly concentrated in the fields of building materials and cement, smelting and mining, thermal power generation, and magnetic materials. Phoenix shares 'current operating conditions were not good, and they did not receive significant recognition from most institutions. Their long-term investment value was average. The recent average cost was 16.75 yuan. In addition, the company has changed its actual controller and controlling shareholder many times, and there is the possibility of selling shells. According to the latest capital flow data, Phoenix shares suffered a net sale of the main capital on April 15. For more detailed information on the company's stock price trend and stock market, please refer to the relevant stock market and financial report.
What does the accelerated decline of stocks mean?
The accelerated decline of the stock meant that the stock had lost the support of funds, and the stock was not favored by investors in the market, so the price of the stock would accelerate. Moreover, when the stock accelerated its decline, there was no support for the stock. The price of the stock might continue to fall until the limit fell. When the accelerated decline of the stock stopped, the stock might have a price bottom and reverse.
What is Phoenix shares?
Phoenix shares belonged to the military industry, QFII heavy warehouse, placard, shell resources, generator concept plate.
Phoenix-shaped shares
Phoenix Holdings was a high-tech enterprise specializing in the research, development, production, sales and technical services of wear-resistant materials in the field of metal casting. The company mainly produces "Phoenix" brand high-chromate alloy casting ball, high-chromate alloy casting segment, low-chromate alloy casting ball, low-chromate alloy casting ball segment and other products. Phoenix shares ranked 4.6 in the top 10% in terms of technical scores, and its recent average cost was 16.75 yuan. In addition, the company's stock has been in high volume for three days, and the technical form is the turning point of the trend. Other detailed information about Phoenix shares and the latest market prices could be found on websites such as the straight flush finance.
Phoenix shares plummeted
Phoenix Holdings was a high-tech enterprise located in Nanchang City, Jiangxi Province, specializing in the research and development, production, sales and technical services of wear-resistant materials. The company's products are widely used in industries such as smelting mines, building materials, cement, thermal power generation, and magnetic materials. According to the information provided, the stock price of Phoenix shares had fallen sharply recently. Specifically, as of March 27,2024, the stock price of Phoenix shares had fallen by 5.0%, and the quoted price was 15.97 yuan per share. This decline could be due to market factors or other internal circumstances of the company. However, the information given did not provide a specific reason for the sharp drop in Phoenix shares. Therefore, the detailed reason for the sharp drop in Phoenix shares was currently unknown.
Titan shares quickly retreated on April 23
Titan shares experienced a rapid correction on April 23, Beijing time. Specifically, during the day's trading session, Titan's shares fell by more than 2% in just five minutes. As of 10:04, Titan's share price was at 8.62 yuan, with a turnover of 18.6059 million yuan. However, the search results did not provide any information on the specific reasons and factors for this rapid correction. Therefore, it was impossible to know the specific reason for Titan's rapid correction on April 23rd.
Titan shares rose rapidly on April 23
Titan's shares rose rapidly on April 23rd. According to relevant reports, Titan's share price rose by 5.52% on the day, and the transaction volume was 15.94 million yuan. In terms of capital flow, the main net influx was 1.33 million yuan, of which 510,000 yuan flowed out of super large orders and 1.85 million yuan flowed in large orders. According to the data, the net influx of the stock today increased by 1.43 million yuan compared with the average net influx of the past five days. Titan was a company that was mainly engaged in the research, development, production, and sales of textile machinery and equipment. According to the latest financial report, the company's annual report this year showed operating income of 1.4 billion yuan, a year-on-year decrease of 12.50%, net profit of 130 million yuan, a year-on-year decrease of 0.15%, and basic earnings per share of 0.60 yuan.
Phoenix shares fell to the limit
Phoenix shares had fallen by the limit several times in a row recently, attracting the attention of the market. The continuous plunge in the stock price may be related to the company's huge increase in the early stage. After the stock price skyrocketed, Phoenix shares fell continuously, which was thought by some investors to be the result of profit-taking. In addition, there were also reports of stock price manipulation in Phoenix shares, and the person responsible had been fined. However, the specific reasons for the continuous decline in stock prices were still unclear, and further investigation and analysis were needed.
Phoenix shares latest announcement
The latest announcement of Phoenix Holdings was not found in the search results provided.
Phoenix shares latest news today
The latest news of Phoenix shares could not be obtained from the search results provided today.