The public float for HRYU is 36.66M, and at present, short sellers hold a 0.57% of that float. On May 10, 2024, the average trading volume of HRYU was 466.22K shares.
HRYU) stock’s latest price update
Hanryu Holdings Inc (NASDAQ: HRYU) has experienced a decline in its stock price by -13.16 compared to its previous closing price of 0.56. However, the company has seen a fall of -8.58% 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’s Market Performance
HRYU’s stock has fallen by -8.58% in the past week, with a monthly rise of 47.77% and a quarterly rise of 4.10%. The volatility ratio for the week is 10.74% while the volatility levels for the last 30 days are 20.68% for Hanryu Holdings Inc The simple moving average for the past 20 days is -6.98% for HRYU’s stock, with a -75.76% simple moving average for the past 200 days.
HRYU Trading at 20.79% 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 -94.88% of loss for the given period.
Volatility was left at 20.68%, however, over the last 30 days, the volatility rate increased by 10.74%, as shares surge +20.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.40% upper at present.
During the last 5 trading sessions, HRYU fell by -8.57%, in comparison to the 20-day moving average, which settled at $0.5267. In addition, Hanryu Holdings Inc saw -39.98% 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 14.28. 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 sum up, Hanryu Holdings Inc (HRYU) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
