Hywin (NASDAQ:HYW) Trading Down 2.4% – Here’s What Happened

Hywin Holdings Ltd. (NASDAQ:HYWGet Free Report) traded down 2.4% on Wednesday . The company 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 2.4 %

The stock has a market capitalization of $33.60 million, a price-to-earnings ratio of 1.25 and a beta of -0.11. The stock has a 50-day simple moving average of $0.70 and a 200 day simple moving average of $0.54.

About Hywin

(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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