Shares of Hywin Holdings Ltd. (NASDAQ:HYW – Get 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
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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