High-Trend International Group (NASDAQ: HTCO) – Time For Strategy Change?

High-Trend International Group (NASDAQ:HTCO) currently has a daily average trading volume of 107.96K but it saw 1576732 shares traded in last market. With a market cap of 205.60M USD, the company’s current market price of $1.70 came rising about 20.57 while comparing to the previous closing price of $1.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.50 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $1.41 while lowest mark touched by it was $2.2399.

Taking a look at 20-day trading activity of High-Trend International Group (HTCO) gives us an average price of $2.6755, while its current price level is -62.22% below from 52-week high level whereas it is 709.52% 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 $3.0849 while that of 200 days or SMA-200 reads an average of $1.4456. A closer look into the stock’s movement over the week reveals that its volatility is standing at 42.97% during that period while stretching the period over a month that decreases to 23.76%. 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 32.63 which implies that the stock is in neutral territory.

Over the week, HTCO’s stock price is moving -30.61% down while it is -46.88% when we observe its performance for the past one month. Year-to-date it is -48.95% down and over the past year, the stock is showing an upside performance of 218.71%.

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

Currently, High-Trend International Group’s total number of outstanding shares is 120.94M with 68.97% of that held by the insiders while 0.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 20.10%. Stock’s beta reads -0.15. Stock has a price to book (P/B) ratio of 34.00 while price to sale or P/S ratio amounts to 1.90. Its return on asset (ROA) is -125.40% on average.