How Worried Should Investors Be About Haoxin Holdings Ltd (HXHX)

Haoxin Holdings Ltd (NASDAQ:HXHX) does about 4.03M shares in volume on a normal day but saw 988403 shares change hands in the recent trading day. The company now has a market cap of 28.87M USD. Its current market price is $2.10, marking a decrease of -21.64% compared to the previous close of $2.68. The 52 week high reached by this stock is $6.29 whilst the lowest price level in 52 weeks is $2.31.

Haoxin Holdings Ltd (HXHX) has the current price is -66.61% off the 52-week high compared with -9.09% distance from its 52-week low.

The current price level is -20.15%, -20.15%, and -20.15% away from its SMA20, SMA50, and SMA200 respectively, with the HXHX price moving above the 50-day SMA on current market day. Its price is -32.48% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 13.75M with insiders holding 72.40% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of 23.20% and return on equity of 24.00%. The price to earnings ratio (P/E ratio) amounts to 7.09. Price to book ratio is 1.52 and price to sales ratio is 1.12.