HWH International (NASDAQ:HWH) Stock Price Down 0.7% – Time to Sell?

HWH International Inc. (NASDAQ:HWH)’s stock price dropped 0.7% on Thursday . The company traded as low as $0.36 and last traded at $0.37. Approximately 247,942 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 18,098,006 shares. The stock had previously closed at $0.37.

HWH International Trading Down 0.7 %

The company’s 50-day moving average is $0.55 and its two-hundred day moving average is $0.65.

HWH International (NASDAQ:HWH) last released its earnings results on Wednesday, November 6th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $0.35 million for the quarter.

Insider Buying and Selling

In other HWH International news, Director Heng Fai Ambrose Chan bought 1,300,000 shares of HWH International stock in a transaction dated Tuesday, December 24th. The stock was purchased at an average price of $0.45 per share, for a total transaction of $585,000.00. Following the completion of the purchase, the director now directly owns 12,687,954 shares of the company’s stock, valued at approximately $5,709,579.30. This trade represents a 11.42 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 77.30% of the stock is currently owned by insiders.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.