Hangzhou EZVIZ Stock Hits Day Low of CNY 33.03 Amid Price Pressure

Hangzhou EZVIZ Network Co., Ltd. experienced a notable decline today, with the stock dropping by 5.88% as it reached an intraday low of CNY 33.03. This performance stands in contrast to the China Shanghai Composite, which saw a minor decrease of 0.19% on the same day.
Over the past week, Hangzhou EZVIZ has seen a decline of 2.1%, while its monthly performance reflects a slight decrease of 0.27%. In the longer term, the stock has generated a return of 6.18% over the past year, which is significantly lower than the China Shanghai Composite's return of 20.88%. Year-to-date, the stock has increased by 9.84%, but this is still below the composite's 16.04% gain.

Financial metrics indicate that the company has faced challenges, with negative results reported for the last three consecutive quarters. Despite a return on equity of 9.52% and a price-to-book ratio of 2.40, the stock's performance has underperformed the broader market. The company maintains a high dividend yield of 0.77%, but its profits have decreased by 10.3% over the past year.