Is Haoxi Health Technology Ltd (NASDAQ: HAO) Proving The Doubters Wrong?

Haoxi Health Technology Ltd (HAO) concluded trading on Thursday at a closing price of $0.20, with 4.1 million shares of worth about $0.82 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -97.53% during that period and on November 07, 2024 the price saw a gain of about 12.97%. Currently the company’s common shares owned by public are about 14.97M shares, out of which, 12.12M shares are available for trading.

Stock saw a price change of -5.18% in past 5 days and over the past one month there was a price change of 29.89%. Over the period of past 52 weeks, stock dropped to lowest price of $0.14 but also hit the highest price of $10.60 during that period. The average intraday trading volume for Haoxi Health Technology Ltd shares is 3.68 million. The stock is currently trading 4.67% above its 20-day simple moving average (SMA20), while that difference is down -83.65% for SMA50 and it goes to -95.80% lower than SMA200.

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Haoxi Health Technology Ltd (NASDAQ: HAO) currently have 14.97M outstanding shares and institutions hold larger chunk of about 0.13% of that.

The stock has a current market capitalization of $7.16M. PE ratio of stock for trailing 12 months is 5.23, while it has posted earnings per share of $0.04 in the same period. It has Quick Ratio of 3.98 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HAO, volatility over the week remained 13.06% while standing at 15.49% over the month.

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