Hywin (NASDAQ:HYW) Stock Price Down 2.4% – Here’s Why

Hywin Holdings Ltd. (NASDAQ:HYWGet Free Report)’s share price fell 2.4% during mid-day trading on Wednesday . The stock traded as low as $1.15 and last traded at $1.20. 77,464 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 145,872 shares. The stock had previously closed at $1.23.

Hywin Trading Down 5.0 %

The stock’s 50 day moving average price is $0.73 and its 200 day moving average price is $0.55. The firm has a market cap of $32.20 million, a PE ratio of 1.20 and a beta of -0.11.

Hywin Company Profile

(Get Free Report)

Hywin Holdings Ltd., through its subsidiaries, provides wealth management, asset management, health management, insurance brokerage, and other financial services in China. It operates through two segments: Wealth and Health. The company distributes asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing and cash management products.

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