Hywin (NASDAQ:HYW) Trading Up 9.2% – What’s Next?

Shares of Hywin Holdings Ltd. (NASDAQ:HYWGet Free Report) were up 9.2% during mid-day trading on Tuesday . The company traded as high as $0.70 and last traded at $0.69. Approximately 123,231 shares were traded during trading, a decline of 16% from the average daily volume of 145,872 shares. The stock had previously closed at $0.63.

Hywin Stock Performance

The stock has a market capitalization of $19.40 million, a price-to-earnings ratio of 0.72 and a beta of -0.11. The company’s 50 day moving average is $0.77 and its 200 day moving average is $0.70.

Hywin Company Profile

(Get Free Report)

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.

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