The stock of Hanryu Holdings Inc (HRYU) has gone down by -5.38% for the week, with a 84.78% rise in the past month and a -4.49% drop in the past quarter. The volatility ratio for the week is 36.94%, and the volatility levels for the past 30 days are 29.36% for HRYU. The simple moving average for the past 20 days is 20.09% for HRYU’s stock, with a -75.24% simple moving average for the past 200 days.
Is It Worth Investing in Hanryu Holdings Inc (NASDAQ: HRYU) Right Now?
The public float for HRYU is 36.66M, and currently, short sellers hold a 0.57% ratio of that float. The average trading volume of HRYU on May 01, 2024 was 461.69K shares.
HRYU) stock’s latest price update
Hanryu Holdings Inc (NASDAQ: HRYU)’s stock price has soared by 8.60 in relation to previous closing price of 0.47. Nevertheless, the company has seen a loss of -5.38% 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.
HRYU Trading at 31.61% 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 -94.63% of loss for the given period.
Volatility was left at 29.36%, however, over the last 30 days, the volatility rate increased by 36.94%, as shares surge +92.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.51% upper at present.
During the last 5 trading sessions, HRYU fell by -5.38%, in comparison to the 20-day moving average, which settled at $0.4369. In addition, Hanryu Holdings Inc saw -37.04% 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 15.23. 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
To put it simply, Hanryu Holdings Inc (HRYU) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
