MingZhu Logistics Reports Financial Shift Amid Revenue Decline

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2025.11.25 11:58
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MingZhu Logistics Holdings reported a revenue decline to $13.6 million for the six months ending June 30, 2025, down from $22.9 million in 2024. Despite this, total assets increased to $101.7 million, and liabilities decreased, indicating improved financial health. Analysts rate the stock as a Sell with a $1.00 price target, citing financial stress and bearish technical indicators. The company faces challenges in profitability and cash flow, with a negative P/E ratio and strong downward momentum in stock trading.