Haoxi Health Technology Ltd (NASDAQ: HAO): Think Like A Lender, Not An Investor

Haoxi Health Technology Ltd (NASDAQ:HAO) currently has a daily average trading volume of 5.90M but it saw 18286637 shares traded in last market. With a market cap of 5.68M USD, the company’s current market price of $0.16 came rising about 24.86 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.60 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.123 while lowest mark touched by it was $0.158.

Taking a look at 20-day trading activity of Haoxi Health Technology Ltd (HAO) gives us an average price of $0.1924, while its current price level is -98.52% below from 52-week high level whereas it is 35.67% 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 $0.2156 while that of 200 days or SMA-200 reads an average of $4.1005. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.22% during that period while stretching the period over a month that decreases to 15.99%. 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 34.70 which implies that the stock is in neutral territory.

Over the week, HAO’s stock price is moving -23.56% down while it is -15.34% when we observe its performance for the past one month. Year-to-date it is -97.03% down and over the past year.

The company is expected to be releasing its next quarterly report in January, 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. Company’s return on investment (ROI) stands at 11.16%. It has a price to earnings ratio (P/E ratio) of 4.15. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 0.12.