Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Haoxin Holdings Ltd (NASDAQ: HXHX) was $0.59 for the day, down -14.41% from the previous closing price of $0.69. In other words, the price has decreased by -$14.41 from its previous closing price. On the day, 0.3 million shares were traded. HXHX stock price reached its highest trading level at $0.7101 during the session, while it also had its lowest trading level at $0.5915.
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 2.54 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 0.22 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 8133125 and an Enterprise Value of 11432057. As of this moment, Haoxin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 0.447 whereas that against EBITDA is 1.928.
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 $0.33. The 50-Day Moving Average of the stock is -13.18%, while the 200-Day Moving Average is calculated to be -51.25%.
Shares Statistics:
HXHX traded an average of 5.58M shares per day over the past three months and 33780740 shares per day over the past ten days. A total of 8.95M shares are outstanding, with a floating share count of 2.47M. Insiders hold about 82.04% of the company’s shares, while institutions hold 0.24% stake in the company. Shares short for HXHX as of 1765756800 were 14310 with a Short Ratio of 0.00, compared to 1763078400 on 56358. Therefore, it implies a Short% of Shares Outstanding of 14310 and a Short% of Float of 0.25.
