Happy City (NASDAQ:HCHL) Issues Earnings Results

Happy City (NASDAQ:HCHL) announced its quarterly earnings results on Monday. The company reported ($0.07) earnings per share for the quarter, FiscalAI reports. The business had revenue of $1.16 million for the quarter.

Happy City Stock Performance

Shares of HCHL stock opened at $3.96 on Wednesday. Happy City has a fifty-two week low of $0.80 and a fifty-two week high of $7.25. The business’s 50 day moving average price is $3.96 and its 200-day moving average price is $2.80.

Institutional Trading of Happy City

A hedge fund recently bought a new stake in Happy City stock. Quadrature Capital Ltd purchased a new stake in Happy City Holdings Limited (NASDAQ:HCHL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 106,115 shares of the company’s stock, valued at approximately $415,000. Quadrature Capital Ltd owned approximately 0.55% of Happy City as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Happy City in a research note on Wednesday, August 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Happy City currently has an average rating of “Sell”.

About Happy City

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.