Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Haoxin Holdings Ltd (NASDAQ: HXHX) was $0.57 for the day, down -7.00% from the previous closing price of $0.61. In other words, the price has decreased by -$7.00 from its previous closing price. On the day, 0.14 million shares were traded. HXHX stock price reached its highest trading level at $0.6401 during the session, while it also had its lowest trading level at $0.5665.
Ratios:
Our analysis of HXHX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HXHX now has a Market Capitalization of 7812750 and an Enterprise Value of 11111682. As of this moment, Haoxin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is 1.874.
Stock Price History:
Over the past 52 weeks, HXHX has reached a high of $6.29, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -44.65%, while the 200-Day Moving Average is calculated to be -56.47%.
Shares Statistics:
HXHX traded an average of 293.06K shares per day over the past three months and 687390 shares per day over the past ten days. A total of 7.20M shares are outstanding, with a floating share count of 2.47M. Insiders hold about 82.04% of the company’s shares, while institutions hold 0.28% stake in the company. Shares short for HXHX as of 1763078400 were 56358 with a Short Ratio of 0.19, compared to 1760486400 on 31724. Therefore, it implies a Short% of Shares Outstanding of 56358 and a Short% of Float of 0.97.
