Haoxi Health Technology Ltd (HAO): Investing In A Time Of Crisis

Haoxi Health Technology Ltd (NASDAQ:HAO) currently has a daily average trading volume of 4.82M but it saw 3768901 shares traded in last market. With a market cap of 9.02M USD, the company’s current market price of $0.25 came rising about 10.67 while comparing to the previous closing price of $0.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.60 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.2152 while lowest mark touched by it was $0.26.

Taking a look at 20-day trading activity of Haoxi Health Technology Ltd (HAO) gives us an average price of $0.2007, while its current price level is -97.65% below from 52-week high level whereas it is 71.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4975 while that of 200 days or SMA-200 reads an average of $4.3949. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.98% during that period while stretching the period over a month that increases to 17.06%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.32 which implies that the stock is in neutral territory.

Over the week, HAO’s stock price is moving 16.57% up while it is 33.87% when we observe its performance for the past one month. Year-to-date it is -95.28% down and over the past year.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Haoxi Health Technology Ltd’s total number of outstanding shares is 14.97M with 35.23% of that held by the insiders while 4.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.16%. It has a price to earnings ratio (P/E ratio) of 6.59. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 0.19.