Hanryu Holdings Inc (HRYU) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is -4.57.

The public float for HRYU is 35.68M, and currently, short sellers hold a 1.40% ratio of that floaft. The average trading volume of HRYU on November 22, 2024 was 3.35M 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) stock’s latest price update

Hanryu Holdings Inc (NASDAQ: HRYU)’s stock price has plunge by -4.36relation to previous closing price of 0.22. Nevertheless, the company has seen a -6.48% plunge in its stock price over the last five trading sessions. accesswire.com reported 2024-08-23 that SEOUL, KOREA / ACCESSWIRE / August 23, 2024 / Seoul, Republic of South Korea, August 23, 2024 — Hanryu Holdings, Inc. (NASDAQ:HRYU) (” Hanryu ” or the ” Company “), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on August 20, 2024, it received a delinquency compliance alert notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (” Nasdaq “) advising the Company that due to the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the ” Q2 2024 10-Q “) with the Securities and Exchange Commission (the ” SEC “), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the ” Rule “), which requires the timely filing of all required periodic reports with the SEC. As previously reported, on April 18, 2024, Nasdaq notified the Company that it no longer complied with the Rule as it had not yet filed its Annual Report on Form 10-K (” Form 10-K “) for the period ended December 31, 2023 (” Initial Delinquent Filing “).

HRYU’s Market Performance

Hanryu Holdings Inc (HRYU) has experienced a -6.48% fall in stock performance for the past week, with a 9.13% rise in the past month, and a -7.36% drop in the past quarter. The volatility ratio for the week is 6.81%, and the volatility levels for the past 30 days are at 27.29% for HRYU. The simple moving average for the past 20 days is -13.37% for HRYU’s stock, with a -32.13% simple moving average for the past 200 days.

HRYU Trading at -8.57% 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 -85.65% of loss for the given period.

Volatility was left at 27.29%, however, over the last 30 days, the volatility rate increased by 6.81%, as shares surge +7.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.22% upper at present.

During the last 5 trading sessions, HRYU fell by -6.48%, which changed the moving average for the period of 200-days by -54.12% in comparison to the 20-day moving average, which settled at $0.2484. In addition, Hanryu Holdings Inc saw -73.43% 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:

  • 5.96 for the present operating margin
  • 0.04 for the gross margin

The net margin for Hanryu Holdings Inc stands at 4.07. The total capital return value is set at -0.31.

Based on Hanryu Holdings Inc (HRYU), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -4.3. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is -22.47.

Currently, EBITDA for the company is -10.19 million with net debt to EBITDA at -0.76. When we switch over and look at the enterprise to sales, we see a ratio of -24.54. The receivables turnover for the company is -1.75for trailing twelve months and the total asset turnover is -0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.

Conclusion

In a nutshell, Hanryu Holdings Inc (HRYU) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

Most Popular

Related Posts