An Overview of Nasdaq BIMI
The Nasdaq is basically a sticky type of market located in One Liberty Plaza of Manhattan in New York City. It is the top 2nd story exchange market in the list of stock exchanges which was done by market capitalization. The Nasdaq which is also known as Nasdaq Stock Market has spread its vast network of stock exchange markets in the whole US and it is also the owner of Nasdaq Nordic which is also a stock exchange market. The first one in the list of stock exchange markets is the New York Stock Exchange.
What is Nasdaq BIMI stock?
BIMI stock stands for BOQI International Medical Inc. Is basically a market on which investors invest their money. The rate of the BIMI market is $2.05 according to the latest report submitted on 17th of July, 2020. The Nasdaq stock exchange market is expecting the BIMI market to be turned into a strong IPO market this summer. The sector of BIMI market is Capital Goods which is using metal fabrication as an industry. The share volume of BIMI is 294,045 and its Average Volume Label is 798,602 and also its previous close is $2.05.
The yearly based which 52 weeks high and low of NASDAQ: BIMI at https://www.webull.com/quote/nasdaq-bimi market is $12.00/$1.03 and if one considers its market cap then it will come out to be 21,288,088 and has 1 BETA. On 29th of June, 2020 BOQI International Medical Inc. which is also known as the BIMI market had announced their final result of financial for the quarter of a large company in a country which ended on 31st March of the same year 2020.
According to Mr Tiewei Song who is a Chief Executive Officer and President of BOQI International Medical Inc. (BIMI market), the first quarter has made them enjoy profits in the field of medicine. It proved to be a good starting point for the health-related business as the impact of the pandemic has not been that effective as other businessmen except Mr Song was expecting. By selling the convertible notes by raising funds in the second quarter and in the third quarter, they made huge progress by expanding their business in other fields as well.
Conclusion
The company got the revenue of $0 in the last year 31st March of 2019 which was increased in this year 31st March 2020 by $426,898 which was due to the Guanzon Group which is a medical care hub selling medicines and medicinal devices were acquired by the Company on 18th of March in the year 2020. You can get more stock news from apps stock. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.