Hanryu Holdings Inc (HRYU) Shares Decline Despite Market Challenges

Hanryu Holdings Inc (NASDAQ: HRYU) has experienced a decline in its stock price by -13.21 compared to its previous closing price of 0.26. However, the company has seen a fall of -25.78% in its stock price over the last five trading days. Benzinga reported 2023-11-24 that The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Is It Worth Investing in Hanryu Holdings Inc (NASDAQ: HRYU) Right Now?

The public float for HRYU is 36.66M, and currently, shorts hold a 0.27% of that float. The average trading volume for HRYU on April 04, 2024 was 282.72K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

HRYU’s Market Performance

HRYU’s stock has seen a -25.78% decrease for the week, with a -41.62% drop in the past month and a -73.26% fall in the past quarter. The volatility ratio for the week is 18.48%, and the volatility levels for the past 30 days are at 11.87% for Hanryu Holdings Inc The simple moving average for the past 20 days is -28.36% for HRYU’s stock, with a -89.74% simple moving average for the past 200 days.

HRYU Trading at -45.47% from the 50-Day Moving Average

After a stumble in the market that brought HRYU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.58% of loss for the given period.

Volatility was left at 11.87%, however, over the last 30 days, the volatility rate increased by 18.48%, as shares sank -35.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -59.77% lower at present.

During the last 5 trading sessions, HRYU fell by -25.78%, in comparison to the 20-day moving average, which settled at $0.3148. In addition, Hanryu Holdings Inc saw -71.60% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for HRYU

Current profitability levels for the company are sitting at:

  • -8.02 for the present operating margin
  • 0.37 for the gross margin

The net margin for Hanryu Holdings Inc stands at -7.88. The total capital return value is set at -0.77.

Based on Hanryu Holdings Inc (HRYU), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -2.41. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -3431.23.

Currently, EBITDA for the company is -6.39 million with net debt to EBITDA at 0.68. When we switch over and look at the enterprise to sales, we see a ratio of 4.11. The receivables turnover for the company is 1.44for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.61.

Conclusion

In conclusion, Hanryu Holdings Inc (HRYU) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts