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Chijet Motor Company ( (CJET) ) just unveiled an announcement.
On September 25, 2025, Chijet Motor Company, Inc. held its Annual General Meeting where shareholders approved significant changes, including a share consolidation and a name change to Digital Currency X Technology Inc. This strategic move, pending approval from the Cayman Islands Registrar, aims to streamline the company’s share structure and potentially reposition its brand identity, which could have implications for its market presence and stakeholder relations.
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, primarily focusing on the manufacturing and distribution of motor vehicles. The company is based in Yantai, Shandong, China, and is involved in technological advancements within the automotive sector.
Average Trading Volume: 33,827,538
Technical Sentiment Signal: Sell
Current Market Cap: $3.16M
For a thorough assessment of CJET stock, go to TipRanks’ Stock Analysis page.