The latest trade, Performances and Moving Averages give us the following Picture
The share price of Hanryu Holdings Inc (NASDAQ:HRYU) dipped -9.45% to close Friday’s market session at $0.50, lower as compared to yesterday’s close. The stock price fluctuated between $0.482 and $0.547 throughout the trading session with the volume trading being 808266 shares, which represented a significant variation when compared to the three months average volume of 235.09K shares. The firm’s stock price fluctuated -50.20% within the last five trades and -88.00% within the last 30 trades, which was a significant change from the beginning of this year. HRYU stock is trading at a margin of -73.32%, -87.07% and -88.30% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, HRYU deals in the Communication Services domain. The stock is trading -94.76 percent below its 52-week high and 5.73 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Hanryu Holdings Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $25.86 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The firm managed a Price-to-Book ratio of 1.97, which equates the market value of a stock with its book value.