Hywin Holdings Ltd. (NASDAQ:HYW – Get Free Report) shares dropped 33% during trading on Thursday . The stock traded as low as $0.61 and last traded at $0.65. Approximately 4,705,280 shares traded hands during mid-day trading, an increase of 3,126% from the average daily volume of 145,872 shares. The stock had previously closed at $0.97.
Hywin Stock Performance
The company has a market cap of $19.88 million, a price-to-earnings ratio of 0.74 and a beta of -0.11. The stock’s fifty day simple moving average is $0.90 and its two-hundred day simple moving average is $0.58.
Hywin Company Profile
Hywin Holdings Ltd., through its subsidiaries, provides wealth management, asset management, health management, insurance brokerage, and other financial services in China. It operates through two segments: Wealth and Health. The company distributes asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing and cash management products.
Recommended Stories
- Five stocks we like better than Hywin
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Fast-Growing Companies That Are Still Undervalued
- With Risk Tolerance, One Size Does Not Fit All
- Top Cybersecurity Stock Picks for 2025
- Investing in Travel Stocks Benefits
- Archer or Joby: Which Aviation Company Might Rise Fastest?
Receive News & Ratings for Hywin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hywin and related companies with MarketBeat.com's FREE daily email newsletter.
